265 N Cologne AveEgg HarborNJ08215
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
Rental property for sale in Egg Harbor at 265 N Cologne Ave, Egg Harbor, NJ, 08215 priced at $985,000 pairs $4,273/mo rent with after a $4,821/mo payment. Total monthly income equals $4,273/mo. Return on cash invested is 9.89% in year one, and rental yield stands at 5.21% on a $985,000 basis. Equity gained on principal adds $6,356/yr, and 5% annual appreciation accumulates to $272,137 by year five. Five-year ROI measures 50.3% and total cumulative return in cash reaches $163,018. For financing, Ziffy Mortgage’s DSCR program evaluates $4,273/mo property income against a $4,821/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
5.00 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Isaac Nussbaum • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJAC2021612