12 Haddon RdSomers PointNJ08244
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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 Somers Point at 12 Haddon Rd, Somers Point, NJ, 08244 generates $4,303/mo in rent, after a $3,010/mo payment. Total monthly income is $4,303/mo. Return on cash invested sits at 19.58% in year one, and rental yield is 8.4% on a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 102.31% and total cumulative return in cash sums $207,005. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,303/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08244, Somers Point, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 2,757 (48.5%) |
| Renter Occupied HU | 2,185 (38.5%) |
| Vacant Housing Units | 737 (13.0%) |
| Median Home Value | $345,666 |
| Average Home Value | $439,854 |
Housing Distribution
Address Breakdown
Residential
5,396
Single Family
5,395
Multi-Family
1
Businesses
523
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Listed by: GREGORY NEDER • CASA BELLA REALTORS
Mls Name: SJSRMLS
Mls ID: #597953