227 London 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 227 London Ave, Egg Harbor City, NJ, 08215 offers a 11.43% rental yield on a $260,000 purchase with $2,476/mo rent. Total monthly income registers $2,476/mo, and a $1,273/mo payment leaves $548/mo available for distribution. Annual cash flow reaches $6,579/yr on $86,190 to close, and return on cash invested stands at 27.54% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 145.42% and total cumulative return in cash at $125,333. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,476/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,000 sqft 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: Eunice Puerto • CENTURY 21 ATLANTIC PROFESSIONAL REALTY
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #595950
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.