310 Spruce StAbseconNJ08201
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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 Absecon at 310 Spruce St, Absecon, NJ, 08201 priced at $385,000 pairs $3,268/mo rent with $524/mo cash flow after a $1,884/mo payment. Total monthly income equals $3,268/mo, and annual cash flow comes to $6,290/yr on $127,628 invested. Return on cash invested is 24.84% in year one, and rental yield stands at 10.19% on a $385,000 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,368 by year five. Five-year ROI measures 130.52% and total cumulative return in cash reaches $166,582. For financing, Ziffy Mortgage’s DSCR program evaluates $3,268/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
8,700 sqft lot
$N/A/sqft
No HOA
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Listed by: VISHAL BRAHMBHATT • RE/MAX ATLANTIC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #599280
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