18 S Myrtle StVinelandNJ08360
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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 18 S Myrtle St, Vineland, NJ, 08360 generates $2,337/mo in rent and, after a $1,591/mo payment, leaves $20/mo in cash flow. Total monthly income is $2,337/mo, and annual cash flow is $242/yr on $107,738 invested. Return on cash invested sits at 20.13% in year one, and rental yield is 8.63% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 105.31% and total cumulative return in cash sums $113,461. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,337/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
0.30 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: Christine Peterson • Collini Real Estate LLC
Mls Name: Bright MLS
Mls ID: #NJCB2027150