111 Springfield AveEgg Harbor TownshipNJ08234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 111 Springfield Ave, Egg Harbor Township, NJ, 08234 with 5% annual appreciation on a $502,100 basis while $4,040/mo rent supports operations. Total monthly income totals $4,040/mo and a $2,458/mo payment preserves $461/mo for cash returns. Annual cash flow comes to $5,528/yr on $165,191 deployed, and return on cash invested reaches 23.41% in year one. Equity gained on principal adds $3,240/yr, and five-year appreciation sums $138,721 alongside rental yield of 9.66%. Five-year ROI measures 122.81% and total cumulative return in cash totals $202,867.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,040/mo property income versus a $2,458/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
9,801 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A