3070 E Chestnut AveVinelandNJ08361
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3070 E Chestnut Ave, Vineland, NJ, 08361 in Vineland at $385,000 earns $2,806/mo in rent and nets $61/mo after the $1,731/mo payment, a 8.74% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $106,368 over five years. Ziffy Mortgage underwrites this on a 1.62 DSCR without U.S. credit history. With $3,546/yr in principal paydown, total projected return reaches $151,588.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $61 | $850 |
City averages based on Vineland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,806 |
| Total Monthly Debt Service | $2,591 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
0.69 Acres 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
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
Single Family
Built in 1959
0.69 Acres 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: Richard Rodriguez • Graham/Hearst Real Estate Company
Mls Name: Bright MLS
Mls ID: #NJCB2026608