303 Saint Thomas DrEgg Harbor TownshipNJ08234
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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 Township at 303 Saint Thomas Dr, Egg Harbor Township, NJ, 08234 with 5% annual appreciation on a $379,000 basis while $2,417/mo rent supports operations. 19% in year one. Equity gained on principal adds $2,446/yr, and five-year appreciation sums $104,711 alongside rental yield of 7.65%. Five-year ROI measures 89.52% and total cumulative return in cash totals $112,475. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,417/mo property income versus a $1,855/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2006
2,810 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08234, Egg Harbor Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,084 (100%) |
| Owner Occupied HU | 14,397 (79.6%) |
| Renter Occupied HU | 2,917 (16.1%) |
| Vacant Housing Units | 770 ( 4.3%) |
| Median Home Value | $336,203 |
| Average Home Value | $363,992 |
Housing Distribution
Address Breakdown
Residential
17,552
Single Family
17,451
Multi-Family
101
Businesses
904
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Listed by: Brian Reese • Redfin
Mls Name: Bright MLS
Mls ID: #NJAC2022216