304 Edwards AveEgg Harbor CityNJ08215
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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
Rental property for sale in Egg Harbor City at 304 Edwards Ave, Egg Harbor City, NJ, 08215 priced at $489,000 pairs $3,300/mo rent with after a $2,393/mo payment. Total monthly income equals $3,300/mo. Return on cash invested is 18.54% in year one, and rental yield stands at 8.1% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 96.71% and total cumulative return in cash reaches $156,778. For financing, Ziffy Mortgage’s DSCR program evaluates $3,300/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.43 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
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Listed by: ROBERT SHAMBERG • BHHS DIVERSIFIED REALTY
Mls Name: SJSRMLS
Mls ID: #601145