48 N Myrtle StVinelandNJ08360
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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 48 N Myrtle St, Vineland, NJ, 08360 listed at $323,900 pairs $2,725/mo rent with a $1,585/mo payment to leave $417/mo cash flow. Total monthly income runs $2,725/mo, and annual cash flow reaches $4,999/yr on $107,373 cash to close. Return on cash invested measures 24.57% in year one, and rental yield registers 10.1% at a $323,900 basis. Equity gained on principal adds $2,090/yr, and annual property appreciation at 5% supports $89,488 by year five. Five-year ROI tracks 129.04% and total cumulative return in cash totals $138,555. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,725/mo property income relative to a $1,585/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1945
6,939 sqft 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: Lakesha White • Keller Williams Prime Realty
Mls Name: Bright MLS
Mls ID: #NJCB2026316