2419 Landis Ave UNIT 2AVinelandNJ08361
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
Investment Highlights
Investment property for sale in Vineland at 2419 Landis Ave UNIT 2A, Vineland, NJ, 08361 listed at $339,000 pairs $3,010/mo rent with a $1,659/mo payment to leave $594/mo cash flow. Total monthly income runs $3,010/mo, and annual cash flow reaches $7,127/yr on $112,379 cash to close. Return on cash invested measures 26.25% in year one, and rental yield registers 10.65% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 138.06% and total cumulative return in cash totals $155,152. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,010/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2012
N/A 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: Brian Collini • Collini Real Estate LLC
Mls Name: Bright MLS
Mls ID: #NJCB2028168