271 N Mannheim 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 271 N Mannheim Ave, Egg Harbor, NJ, 08215 priced at $789,000 converts $4,356/mo rent into after a $3,862/mo obligation. Total monthly income equals $4,356/mo. Return on cash invested prints 14.2% in year one, and rental yield reads 6.63% against a $789,000 entry. Equity gained on principal adds $5,091/yr, while 5% annual appreciation compiles into $217,986 by year five. Five-year ROI reaches 73.42% and total cumulative return in cash sums $190,582. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,356/mo property income covering a $3,862/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5.01 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: Christine Jordan • NEW ERA REAL ESTATE-D
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #595524
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.