265 Mattix Run #265AbseconNJ08205
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 Absecon at 265 Mattix Run #265, Absecon, NJ, 08205 uses $80,521 cash to close to unlock $7,434/yr annual cash flow and $620/mo monthly cash flow. Total monthly income runs $2,351/mo, and a $1,189/mo payment keeps the spread at $620/mo. Purchase price stands at $242,900, and rental yield measures 11.61% with $2,351/mo rent. Return on cash invested shows 29.14% in year one, and 5% annual appreciation builds toward $67,109 over five years. Five-year ROI reaches 153.6% and total cumulative return in cash records $123,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,351/mo property income covering a $1,189/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08205, Absecon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,841 (100%) |
| Owner Occupied HU | 8,125 (68.6%) |
| Renter Occupied HU | 3,044 (25.7%) |
| Vacant Housing Units | 672 ( 5.7%) |
| Median Home Value | $328,255 |
| Average Home Value | $395,734 |
Housing Distribution
Address Breakdown
Residential
11,601
Single Family
11,514
Multi-Family
87
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corinna Burke, Gri • CENTURY 21 ATLANTIC PROFESSIONAL REALTY
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594186
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.