124 Leo 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 124 Leo Ave, Egg Harbor Township, NJ, 08234 offers $3,052/mo rent that, after a $2,603/mo payment. Total monthly income is $3,052/mo. Return on cash invested measures 14.99% in year one, and rental yield stands at 6.89% at a $531,900 entry. Equity gained on principal adds $3,432/yr while 5% annual appreciation compounds into $146,954 by year five. Five-year ROI records 77.71% and total cumulative return in cash reaches $135,987. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,052/mo property income versus a $2,603/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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: GLADYS DELUCA • eXp Realty - Montclair
Mls Name: SJSRMLS
Mls ID: #602969