505 Sooy Ln, Absecon, NJ, 08201 | $219/mo Cash Flow

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505 Sooy Ln, Absecon, NJ, 08201 | $219/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Absecon at 505 Sooy Ln, Absecon, NJ, 08201 offers a 9.1% rental yield on a $479,500 purchase with $3,637/mo rent. Total monthly income registers $3,637/mo, and a $2,347/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,629/yr on $158,954 to close, and return on cash invested stands at 21.56% in year one. Equity gained on principal adds $3,094/yr while 5% annual appreciation supports $132,477 over five years. Portfolio math shows five-year ROI at 112.96% and total cumulative return in cash at $179,560. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,637/mo property income against a $2,347/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2010

9,184 sqft lot

$N/A/sqft

No HOA

More details about the property

Pristine 2400 sq ft Custom-Built Home in East Absecon! Don't miss the opportunity to own this immaculate, custom-built home in the desirable East side of Absecon, just down the street from the Faunce Landing boat ramp. Built in 2010 by the reputable Doebley and Dad Builders, this property has been lovingly maintained by its original owner. Thoughtfully updated, the home now features a beautifully finished basement with full-sized windows, perfect for additional bedrooms, living space or entertainment. Plumbing is accessible for a bathroom, if desired. The primary bathroom offers a luxurious custom tiled spa shower with dual showerheads a true retreat. Recent upgrades also include a new water heater, a 'smart' convection gas stove with built-in air fryer, and a new A/C compressor for year-round comfort. All concrete surfaces in the front and back of the home were leveled and sealed this year. This is a must-see for anyone seeking quality construction, modern updates, and a fantastic location. Professional photos coming soon.