1616 Pennsylvania Ave UNIT 257VinelandNJ08361
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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 1616 Pennsylvania Ave UNIT 257, Vineland, NJ, 08361 generates $1,334/mo in rent and, after a $857/mo payment, leaves $86/mo in cash flow. Total monthly income is $1,334/mo, and annual cash flow is $1,034/yr on $58,013 invested. Return on cash invested sits at 21.69% in year one, and rental yield is 9.15% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 113.72% and total cumulative return in cash sums $65,971. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,334/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
N/A 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: Mariangeli Mosher • Century 21 Alliance-Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCB2026206