2 Glen Aire DrEgg 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
Investment property for sale in Egg Harbor Township at 2 Glen Aire Dr, Egg Harbor Township, NJ, 08234 offers a 8.27% rental yield on a $624,900 purchase with $4,308/mo rent. 2% in year one. Equity gained on principal adds $4,032/yr while 5% annual appreciation supports $172,648 over five years. Portfolio math shows five-year ROI at 100.28% and total cumulative return in cash at $206,177. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,308/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.33 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: SCOTT DI STEFANO • RE/MAX COASTAL
Mls Name: SJSRMLS
Mls ID: #600329