265 Harding HwyPittsgroveNJ08318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pittsgrove at 265 Harding Hwy, Pittsgrove, NJ, 08318 earns $616/mo cash flow from $2,646/mo rent with a $1,394/mo payment. Total monthly income totals $2,646/mo, and annual cash flow totals $7,389/yr on $94,444 capital. ROI tracks 27.73% on current figures, and rental yield reads 11.14% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 146.03% and total cumulative return in cash sums $137,915. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,646/mo property income instead of your personal income.
Single Family
Built in 1966
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08318, Elmer, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,755 (100%) |
| Owner Occupied HU | 3,883 (81.7%) |
| Renter Occupied HU | 552 (11.6%) |
| Vacant Housing Units | 320 ( 6.7%) |
| Median Home Value | $324,326 |
| Average Home Value | $429,256 |
Housing Distribution
Address Breakdown
Residential
4,626
Single Family
4,626
Multi-Family
0
Businesses
253
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Listed by: Todd Hahn • RE/MAX Preferred - Mullica Hill
Mls Name: Bright MLS
Mls ID: #NJSA2016068