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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Somers Point at 215 Fox Ter, Somers Point, NJ, 08244 at $299,900 posts ROI 30.32% with $862/mo cash flow from $3,000/mo rent. Total monthly income equals $3,000/mo, and annual cash flow records $10,347/yr on $99,417 to close. Return on cash invested measures 30.32% and rental yield reads 12% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 159.93% and total cumulative return in cash totals $158,992.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08244, Somers Point, NJ area.
| 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 |
Residential
5,396
Single Family
5,395
Multi-Family
1
Businesses
523
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: PAUL STRIEFSKY • Keller Williams Realty Jersey Shore-Ocean City
Mls Name: SJSRMLS
Mls ID: #600322
