104 N Genoa AveEgg HarborNJ08215
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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 at 104 N Genoa Ave, Egg Harbor, NJ, 08215 generates $4,228/mo in rent, after a $3,353/mo payment. Total monthly income is $4,228/mo. Return on cash invested sits at 16.57% in year one, and rental yield is 7.41% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 86.18% and total cumulative return in cash sums $194,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,228/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
3.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08215, Egg Harbor City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,049 (100%) |
| Owner Occupied HU | 3,903 (64.5%) |
| Renter Occupied HU | 1,686 (27.9%) |
| Vacant Housing Units | 460 ( 7.6%) |
| Median Home Value | $365,883 |
| Average Home Value | $450,323 |
Housing Distribution
Address Breakdown
Residential
5,719
Single Family
5,427
Multi-Family
292
Businesses
315
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Listed by: Chris Mooney • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJAC2020316