614 Ohio Ave, Absecon, NJ, 08201 | $652/mo Cash Flow

For Sale

Listed for sale 5 days ago

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

Rental property for sale in Absecon at 614 Ohio Ave, Absecon, NJ, 08201 offers $3,116/mo rent that, after a $1,692/mo payment, leaves $652/mo cash flow. Total monthly income is $3,116/mo, and annual cash flow is $7,821/yr on $114,624 cash. Return on cash invested measures 26.73% in year one, and rental yield stands at 10.81% at a $345,775 entry. Equity gained on principal adds $2,231/yr while 5% annual appreciation compounds into $95,531 by year five. Five-year ROI records 140.67% and total cumulative return in cash reaches $161,239. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,116/mo property income versus a $1,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1910

7,450 sqft lot

$N/A/sqft

No HOA