1676 Main RoadVinelandNJ08360
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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 1676 Main Road, Vineland, NJ, 08360 priced at $170,000 converts $1,320/mo rent into $60/mo cash flow after a $832/mo obligation. Total monthly income equals $1,320/mo, and annual cash flow totals $722/yr on $56,355 invested. Return on cash invested prints 21.19% in year one, and rental yield reads 9.32% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 111.4% and total cumulative return in cash sums $62,781. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1917
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08360, Vineland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,435 (100%) |
| Owner Occupied HU | 9,352 (56.9%) |
| Renter Occupied HU | 6,152 (37.4%) |
| Vacant Housing Units | 931 ( 5.7%) |
| Median Home Value | $216,822 |
| Average Home Value | $241,751 |
Housing Distribution
Address Breakdown
Residential
15,947
Single Family
15,386
Multi-Family
561
Businesses
1,646
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Listed by: Asher Newman • One Real Estate Group, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22428445
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.