1964 E Oak Rd #O1VinelandNJ08360
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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 1964 E Oak Rd #O1, Vineland, NJ, 08360 generates $1,319/mo in rent and, after a $807/mo payment, leaves $144/mo in cash flow. Total monthly income is $1,319/mo, and annual cash flow is $1,725/yr on $54,664 invested. Return on cash invested sits at 23.06% in year one, and rental yield is 9.6% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 121.01% and total cumulative return in cash sums $66,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,319/mo property income rather than buyer’s personal income.
Townhouse
Built in 1973
N/A 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: Edward (Augie) Augsberger • COASTAL ELITE REALTY
Mls Name: CMCAOR
Mls ID: #252577