462 E Elmer RdVinelandNJ08360
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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 Vineland at 462 E Elmer Rd, Vineland, NJ, 08360 with 5% annual appreciation on a $324,900 basis while $3,119/mo rent supports operations. Total monthly income totals $3,119/mo and a $1,590/mo payment preserves $803/mo for cash returns. Annual cash flow comes to $9,641/yr on $107,704 deployed, and return on cash invested reaches 28.86% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 11.52%. Five-year ROI measures 152.09% and total cumulative return in cash totals $163,805.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,119/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08360, Vineland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,435 (100%) |
| Owner Occupied HU | 9,352 (56.9%) |
| Renter Occupied HU | 6,152 (37.4%) |
| Vacant Housing Units | 931 ( 5.7%) |
| Median Home Value | $216,822 |
| Average Home Value | $241,751 |
Housing Distribution
Address Breakdown
Residential
15,947
Single Family
15,386
Multi-Family
561
Businesses
1,646
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Listed by: Ashley Cantoni • EXIT Realty Defined
Mls Name: Bright MLS
Mls ID: #NJCB2025382