102 Gatewood RdEgg Harbor TownshipNJ08234
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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 Egg Harbor Township at 102 Gatewood Rd, Egg Harbor Township, NJ, 08234 priced at $549,000 converts $4,117/mo rent into $204/mo cash flow after a $2,687/mo obligation. Total monthly income equals $4,117/mo, and annual cash flow totals $2,447/yr on $180,621 invested. Return on cash invested prints 21.41% in year one, and rental yield reads 9% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 112.12% and total cumulative return in cash sums $202,508. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,117/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08234, Egg Harbor Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,084 (100%) |
| Owner Occupied HU | 14,397 (79.6%) |
| Renter Occupied HU | 2,917 (16.1%) |
| Vacant Housing Units | 770 ( 4.3%) |
| Median Home Value | $336,203 |
| Average Home Value | $363,992 |
Housing Distribution
Address Breakdown
Residential
17,552
Single Family
17,451
Multi-Family
101
Businesses
904
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Listed by: JOSEPH IANNELLO • BALSLEY/LOSCO-VENTNOR
Mls Name: SJSRMLS
Mls ID: #600227