68 Arapaho Pl #68AbseconNJ08205
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
Investment property for sale in Absecon at 68 Arapaho Pl #68, Absecon, NJ, 08205 at $224,900 posts ROI 19.98% with $5/mo cash flow from $1,608/mo rent. Total monthly income equals $1,608/mo, and annual cash flow records $57/yr on $74,554 to close. Return on cash invested measures 19.98% and rental yield reads 8.58% at the current $224,900. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 by year five. Five-year ROI prints 104.49% and total cumulative return in cash totals $77,905.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,608/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08205, Absecon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,841 (100%) |
| Owner Occupied HU | 8,125 (68.6%) |
| Renter Occupied HU | 3,044 (25.7%) |
| Vacant Housing Units | 672 ( 5.7%) |
| Median Home Value | $328,255 |
| Average Home Value | $395,734 |
Housing Distribution
Address Breakdown
Residential
11,601
Single Family
11,514
Multi-Family
87
Businesses
509
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Listed by: Catherine Colfver • BALSLEY/LOSCO
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #595274
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.