311 Reynolds RdEgg 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
Rental property for sale in Egg Harbor Township at 311 Reynolds Rd, Egg Harbor Township, NJ, 08234 priced at $518,000 converts $3,605/mo rent into after a $2,535/mo obligation. Total monthly income equals $3,605/mo. Return on cash invested prints 19.45% in year one, and rental yield reads 8.35% against a $518,000 entry. Equity gained on principal adds $3,343/yr, while 5% annual appreciation compiles into $143,114 by year five. Five-year ROI reaches 101.6% and total cumulative return in cash sums $173,155. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,605/mo property income covering a $2,535/mo payment, not borrower’s personal income.
Single Family
Built in 2003
6,251 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: Rich Baehrle • BHHS Fox & Roach-Northfield
Mls Name: Bright MLS
Mls ID: #NJAC2021900