1102 Berry DrEgg 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
Investment property for sale in Egg Harbor Township at 1102 Berry Dr, Egg Harbor Township, NJ, 08234 uses $127,628 cash to close to unlock $62/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $2,749/mo, and a $1,884/mo payment keeps the spread at $5/mo. Purchase price stands at $385,000, and rental yield measures 8.57% with $2,749/mo rent. Return on cash invested shows 19.96% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 104.36% and total cumulative return in cash records $133,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,749/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.32 Acres 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: Jennifer Capossela • Keller Williams Realty Jersey Shore-Ocean City
Mls Name: SJSRMLS
Mls ID: #598843