1306 W Rene 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 1306 W Rene Ave, Egg Harbor City, NJ, 08215 earns $760/mo cash flow from $2,863/mo rent with a $1,444/mo payment. Total monthly income totals $2,863/mo, and annual cash flow totals $9,122/yr on $97,793 capital. ROI tracks 29.24% on current figures, and rental yield reads 11.65% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 154.12% and total cumulative return in cash sums $150,722. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,863/mo property income instead of your personal income.
Single Family
Built in 1935
1.11 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: Lisa Gardiner • Weichert Realtors - Moorestown
Mls Name: Bright MLS
Mls ID: #NJAC2020618