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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Marmora at 516 Route 9 UNIT L-10-150, Marmora, NJ, 08223 earns from $1,516/mo rent with a $978/mo payment. Total monthly income totals $1,516/mo. ROI tracks 18.32% on current figures, and rental yield reads 9.1% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 96.79% and total cumulative return in cash sums $64,141. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,516/mo property income instead of your personal income.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
$2,150 annually HOA
Neighborhood data shown for ZIP Code: 08223, Marmora, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 1,396 (69.2%) |
| Renter Occupied HU | 155 ( 7.7%) |
| Vacant Housing Units | 467 (23.1%) |
| Median Home Value | $474,247 |
| Average Home Value | $549,989 |
Residential
1,745
Single Family
1,745
Multi-Family
0
Businesses
307
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $199,900 |
| 2024-03-20 | Listing removed | $65,000 |
| 2021-03-30 | Sold | $50,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-29 | $1427.46 | 0.18% | $65,300 | N/A |
| 2023-03-29 | $1424.85 | 7.70% | $65,300 | N/A |
| 2022-03-29 | $1322.98 | 3.95% | $65,300 | N/A |
Listed by: Julietta Y Morris • KELLER WILLIAMS REALTY JERSEY SHORE - SIC
Mls Name: CMCAOR
Mls Provider:
Mls ID: #250891
Disclaimer: Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
