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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Avalon at 29 28th St E APT 7, Avalon, NJ, 08202 generates $4,200/mo in rent, after a $3,666/mo payment. Total monthly income is $4,200/mo. Return on cash invested sits at 13.54% in year one, and rental yield is 6.73% on a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 70.27% and total cumulative return in cash sums $173,152. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,200/mo property income rather than buyer’s personal income.
Condo
Built in 1959
N/A lot
$N/A/sqft
$600 quarterly HOA
Neighborhood data shown for ZIP Code: 08202, Avalon, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,849 (100%) |
| Owner Occupied HU | 625 (10.7%) |
| Renter Occupied HU | 73 ( 1.2%) |
| Vacant Housing Units | 5,151 (88.1%) |
| Median Home Value | $1,636,598 |
| Average Home Value | $1,600,528 |
Residential
1,827
Single Family
1,813
Multi-Family
14
Businesses
239
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $749,000 |
| 2023-05-30 | Listing removed | N/A |
| 2023-01-24 | Listed for sale | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kari Kurtz • COMPASS RE - Ocean City
Mls Name: CMCAOR
Mls Provider:
Mls ID: #250845
Disclaimer: Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
