36 W Delray LnAbseconNJ08201
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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 36 W Delray Ln, Absecon, NJ, 08201 priced at $303,000 converts $1,914/mo rent into after a $1,483/mo obligation. Total monthly income equals $1,914/mo. Return on cash invested prints 16.97% in year one, and rental yield reads 7.58% against a $303,000 entry. Equity gained on principal adds $1,955/yr, while 5% annual appreciation compiles into $83,713 by year five. Five-year ROI reaches 88.35% and total cumulative return in cash sums $88,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,914/mo property income covering a $1,483/mo payment, not borrower’s personal income.
Single Family
Built in 2006
3,132 sqft lot
$N/A/sqft
No HOA
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Listed by: KIM TALIAFERRO • HOMESMART FIRST ADVANTAGE REALTY -Cherry Hill
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #598481
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