218 Ivy RdEgg 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 218 Ivy Rd, Egg Harbor Township, NJ, 08234 priced at $495,000 converts $3,686/mo rent into $158/mo cash flow after a $2,423/mo obligation. Total monthly income equals $3,686/mo, and annual cash flow totals $1,890/yr on $164,093 invested. Return on cash invested prints 21.06% in year one, and rental yield reads 8.94% against a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,759 by year five. Five-year ROI reaches 110.26% and total cumulative return in cash sums $180,934. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,686/mo property income covering a $2,423/mo payment, not borrower’s personal income.
Single Family
Built in N/A
6,670 sqft 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: Christopher Losco • BALSLEY/LOSCO
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594863
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.