9 Oyster Bay Rd APT H-9HAbseconNJ08201
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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
Rental property for sale in Absecon at 9 Oyster Bay Rd APT H-9H, Absecon, NJ, 08201 priced at $169,900 converts $2,135/mo rent into $924/mo cash flow after a $832/mo obligation. Total monthly income equals $2,135/mo, and annual cash flow totals $11,083/yr on $56,322 invested. Return on cash invested prints 39.59% in year one, and rental yield reads 15.08% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 209.63% and total cumulative return in cash sums $118,070. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,135/mo property income covering a $832/mo payment, not borrower’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
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Listed by: Fredy Carabali • KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #591862
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