13 Charles Lower Bank AveEgg Harbor CityNJ08215
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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 City at 13 Charles Lower Bank Ave, Egg Harbor City, NJ, 08215 listed at $419,900 pairs $3,276/mo rent with a $2,055/mo payment to leave $283/mo cash flow. Total monthly income runs $3,276/mo, and annual cash flow reaches $3,399/yr on $139,197 cash to close. Return on cash invested measures 22.35% in year one, and rental yield registers 9.36% at a $419,900 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,011 by year five. Five-year ROI tracks 117.18% and total cumulative return in cash totals $163,116. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,276/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08215, Egg Harbor City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,049 (100%) |
| Owner Occupied HU | 3,903 (64.5%) |
| Renter Occupied HU | 1,686 (27.9%) |
| Vacant Housing Units | 460 ( 7.6%) |
| Median Home Value | $365,883 |
| Average Home Value | $450,323 |
Housing Distribution
Address Breakdown
Residential
5,719
Single Family
5,427
Multi-Family
292
Businesses
315
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Listed by: Jennifer Cocuzza • BALSLEY/LOSCO
Mls Name: SJSRMLS
Mls ID: #600012