1666 Magnolia 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
Total monthly income runs $2,104/mo, and a $1,859/mo payment. Purchase price stands at $379,900, and rental yield measures 6.65% with $2,104/mo rent. Return on cash invested shows 14.16% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 73.25% and total cumulative return in cash records $92,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,104/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Single Family
Built in 1921
0.31 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: Jackie Capoferri • S. Kelly Real Estate LLC
Mls Name: Bright MLS
Mls ID: #NJCB2027958