600 New Jersey AveAbseconNJ08201
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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 Absecon at 600 New Jersey Ave, Absecon, NJ, 08201 listed at $406,000 pairs $3,808/mo rent with a $1,987/mo payment to leave $914/mo cash flow. Total monthly income runs $3,808/mo, and annual cash flow reaches $10,971/yr on $134,589 cash to close. Return on cash invested measures 28.06% in year one, and rental yield registers 11.26% at a $406,000 basis. Equity gained on principal adds $2,620/yr, and annual property appreciation at 5% supports $112,170 by year five. Five-year ROI tracks 147.8% and total cumulative return in cash totals $198,928. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,808/mo property income relative to a $1,987/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.33 Acres lot
$N/A/sqft
No HOA
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Listed by: SHERRY MAULDIN • BETTER HOMES and GARDENS REAL ESTATE MATURO REALTY-Mays Landing
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #592722
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