306 Flatbush AveEgg Harbor TownshipNJ08234
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
Investment property for sale in Egg Harbor Township at 306 Flatbush Ave, Egg Harbor Township, NJ, 08234 at $499,000 posts ROI 22.19% with $315/mo cash flow from $3,871/mo rent. Total monthly income equals $3,871/mo, and annual cash flow records $3,775/yr on $165,419 to close. Return on cash invested measures 22.19% and rental yield reads 9.31% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 116.31% and total cumulative return in cash totals $192,402.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,871/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
10,212 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: CHRISTINE GERBEHY • COLDWELL BANKER ARGUS REAL ESTATE-Northfield
Mls Name: SJSRMLS
Mls ID: #599846