3101 Tower Ave #1-2503-AEgg 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 3101 Tower Ave #1-2503-A, Egg Harbor Township, NJ, 08234 earns $399/mo cash flow from $2,010/mo rent with a $1,106/mo payment. Total monthly income totals $2,010/mo, and annual cash flow totals $4,794/yr on $74,886 capital. ROI tracks 26.31% on current figures, and rental yield reads 10.68% at a $225,900 purchase. Equity gained on principal adds $1,458/yr, and 5% annual appreciation supports $62,412 over five years. Five-year ROI reaches 138.44% and total cumulative return in cash sums $103,671. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,010/mo property income instead of your personal income.
Condo
Built in 1985
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corey Coster • KELLER WILLIAMS REALTY JERSEY SHORE-Atlantic City
Mls Name: SJSRMLS
Mls ID: #597250