19 W Illinois AveAbseconNJ08201
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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
Investment property for sale in Absecon at 19 W Illinois Ave, Absecon, NJ, 08201 at $395,000 posts ROI 23.51% with $393/mo cash flow from $3,208/mo rent. Total monthly income equals $3,208/mo, and annual cash flow records $4,714/yr on $130,943 to close. Return on cash invested measures 23.51% and rental yield reads 9.75% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 123.37% and total cumulative return in cash totals $161,538.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,208/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Debbie Effenberger • Keller Williams Realty Ocean Living
Mls Name: Bright MLS
Mls ID: #NJAC2020198