








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Somers Point at 100 Colwick Dr, Somers Point, NJ, 08244 with 5% annual appreciation on a $479,900 basis while $2,640/mo rent supports operations. 02% in year one. Equity gained on principal adds $3,097/yr, and five-year appreciation sums $132,588 alongside rental yield of 6.6%. Five-year ROI measures 72.5% and total cumulative return in cash totals $115,341. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $2,349/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
8,050 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08244, Somers Point, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 2,757 (48.5%) |
| Renter Occupied HU | 2,185 (38.5%) |
| Vacant Housing Units | 737 (13.0%) |
| Median Home Value | $345,666 |
| Average Home Value | $439,854 |
Residential
5,396
Single Family
5,395
Multi-Family
1
Businesses
523
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tara Hendricks • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJAC2021214