720 S New Rd APT 5B,Absecon,NJ,08201

Investment Highlights

Investment property for sale in Absecon at 720 S New Rd APT 5B, Absecon, NJ, 08201 offers a 9.37% rental yield on a $149,900 purchase with $1,170/mo rent. Total monthly income registers $1,170/mo, and a $734/mo payment leaves $101/mo available for distribution. Annual cash flow reaches $1,215/yr on $49,692 to close, and return on cash invested stands at 22.35% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 117.26% and total cumulative return in cash at $58,271. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,170/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.