112 Colonial AveEgg 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 112 Colonial Ave, Egg Harbor Township, NJ, 08234 priced at $370,000 pairs $3,443/mo rent with $806/mo cash flow after a $1,811/mo payment. Total monthly income equals $3,443/mo, and annual cash flow comes to $9,668/yr on $122,655 invested. Return on cash invested is 27.79% in year one, and rental yield stands at 11.17% on a $370,000 basis. Equity gained on principal adds $2,388/yr, and 5% annual appreciation accumulates to $102,224 by year five. Five-year ROI measures 146.35% and total cumulative return in cash reaches $179,501. For financing, Ziffy Mortgage’s DSCR program evaluates $3,443/mo property income against a $1,811/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
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: William Rampolla • GALLOWAY REAL ESTATE INC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #591218
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.