1232 S Harding RdVinelandNJ08361
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Vineland at 1232 S Harding Rd, Vineland, NJ, 08361 generates $3,344/mo in rent and, after a $1,639/mo payment, leaves $957/mo in cash flow. Total monthly income is $3,344/mo, and annual cash flow is $11,485/yr on $111,019 invested. Return on cash invested sits at 30.25% in year one, and rental yield is 11.98% on a $334,900 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 159.58% and total cumulative return in cash sums $177,169. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,344/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08361, Vineland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,552 (100%) |
| Owner Occupied HU | 5,785 (76.6%) |
| Renter Occupied HU | 1,434 (19.0%) |
| Vacant Housing Units | 333 ( 4.4%) |
| Median Home Value | $293,096 |
| Average Home Value | $344,528 |
Housing Distribution
Address Breakdown
Residential
7,084
Single Family
6,920
Multi-Family
164
Businesses
233
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Listed by: Robert Odorizzi • A R Fanucci Real Estate Inc
Mls Name: Bright MLS
Mls ID: #NJCB2028196