57 Thorview CtVinelandNJ08360
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Vineland at 57 Thorview Ct, Vineland, NJ, 08360 priced at $189,900 converts $2,116/mo rent into $763/mo cash flow after a $929/mo obligation. Total monthly income equals $2,116/mo, and annual cash flow totals $9,155/yr on $62,952 invested. Return on cash invested prints 34.45% in year one, and rental yield reads 13.37% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 182.05% and total cumulative return in cash sums $114,605. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,116/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1925
5,124 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: Iris Rivera • Better Homes and Gardens Real Estate Maturo
Mls Name: Bright MLS
Mls ID: #NJCB2028182