605 Pitney RdAbseconNJ08201
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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 605 Pitney Rd, Absecon, NJ, 08201 uses $79,477 cash to close to unlock $9,859/yr annual cash flow and $822/mo monthly cash flow. Total monthly income runs $2,530/mo, and a $1,173/mo payment keeps the spread at $822/mo. Purchase price stands at $239,750, and rental yield measures 12.66% with $2,530/mo rent. Return on cash invested shows 32.31% in year one, and 5% annual appreciation builds toward $66,239 over five years. Five-year ROI reaches 170.61% and total cumulative return in cash records $135,596. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,530/mo property income covering a $1,173/mo payment rather than investor’s personal income.
Single Family
Built in 1935
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: CHRISTIAN LUCIA • NEW ERA REAL ESTATE-D
Mls Name: SJSRMLS
Mls ID: #600004