1703 Fairmount AveVinelandNJ08361
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1703 Fairmount Ave, Vineland, NJ, 08361 in Vineland speaks for itself: 11.6% gross on a $489,000 price, generating $3,291/mo in rent and $1,242/mo in net income after the $2,199/mo debt service. DSCR 1.50, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,910 stacks alongside $135,102 in projected five-year appreciation and $4,504/yr in principal reduction. Projected total cumulative return: $174,879.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $1,242 | $850 |
City averages based on Vineland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,291 |
| Total Monthly Debt Service | $3,291 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1968
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Palmisciano • BALSLEY LOSCO REAL ESTATE
Mls Name: CMCAOR
Mls Provider:
Mls ID: #251079
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