812 E Elmer StVinelandNJ08360
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.51 makes 812 E Elmer St, Vineland, NJ, 08360 in Vineland one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.16%. The 8.16% yield, 5% annual appreciation ($99,185 over five years), and $3,306/yr in principal reduction project a total cumulative return of $130,054.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $(118) | $850 |
City averages based on Vineland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,441 |
| Total Monthly Debt Service | $2,416 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1925
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08360, Vineland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,435 (100%) |
| Owner Occupied HU | 9,352 (56.9%) |
| Renter Occupied HU | 6,152 (37.4%) |
| Vacant Housing Units | 931 ( 5.7%) |
| Median Home Value | $216,822 |
| Average Home Value | $241,751 |
Housing Distribution
Address Breakdown
Residential
15,947
Single Family
15,386
Multi-Family
561
Businesses
1,646
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
Multi Family
Built in 1925
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08360, Vineland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,435 (100%) |
| Owner Occupied HU | 9,352 (56.9%) |
| Renter Occupied HU | 6,152 (37.4%) |
| Vacant Housing Units | 931 ( 5.7%) |
| Median Home Value | $216,822 |
| Average Home Value | $241,751 |
Housing Distribution
Address Breakdown
Residential
15,947
Single Family
15,386
Multi-Family
561
Businesses
1,646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Digna Vasquez • Keller Williams Prime Realty
Mls Name: Bright MLS
Mls ID: #NJCB2028544