424 W Herschel StEgg 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
Investment property for sale in Egg Harbor City at 424 W Herschel St, Egg Harbor City, NJ, 08215 with 5% annual appreciation on a $576,800 basis while $5,021/mo rent supports operations. Total monthly income totals $5,021/mo and a $2,823/mo payment preserves $910/mo for cash returns. Annual cash flow comes to $10,918/yr on $189,767 deployed, and return on cash invested reaches 25.81% in year one. Equity gained on principal adds $3,722/yr, and five-year appreciation sums $159,359 alongside rental yield of 10.45%. Five-year ROI measures 135.72% and total cumulative return in cash totals $257,544.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,021/mo property income versus a $2,823/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
9.87 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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