300 Pitney RdAbseconNJ08201
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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 300 Pitney Rd, Absecon, NJ, 08201 listed at $365,775 pairs $2,794/mo rent with a $1,790/mo payment to leave $187/mo cash flow. Total monthly income runs $2,794/mo, and annual cash flow reaches $2,245/yr on $121,254 cash to close. Return on cash invested measures 21.76% in year one, and rental yield registers 9.17% at a $365,775 basis. Equity gained on principal adds $2,360/yr, and annual property appreciation at 5% supports $101,057 by year five. Five-year ROI tracks 114.04% and total cumulative return in cash totals $138,275. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,794/mo property income relative to a $1,790/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: Christian Lucia • NEW ERA REAL ESTATE-D
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594770
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.