259 Park 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 259 Park Ave, Egg Harbor City, NJ, 08215 uses $39,780 cash to close to unlock $960/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $935/mo, and a $587/mo payment keeps the spread at $80/mo. Purchase price stands at $120,000, and rental yield measures 9.35% with $935/mo rent. Return on cash invested shows 22.32% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 117.03% and total cumulative return in cash records $46,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $935/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A 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: Dale Mull • Garden Homes Management
Mls Name: My State MLS
Mls ID: #11614228