Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Somers Point at 653 4th St, Somers Point, NJ, 08244 generates $2,558/mo in rent, after a $1,859/mo payment. Total monthly income is $2,558/mo. Return on cash invested sits at 18.49% in year one, and rental yield is 8.08% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 96.44% and total cumulative return in cash sums $121,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,558/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
4,140 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08244, Somers Point, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 2,757 (48.5%) |
| Renter Occupied HU | 2,185 (38.5%) |
| Vacant Housing Units | 737 (13.0%) |
| Median Home Value | $345,666 |
| Average Home Value | $439,854 |
Residential
5,396
Single Family
5,395
Multi-Family
1
Businesses
523
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: JEFFREY QUINTIN • eXp Realty - Ocean City S382K
Mls Name: SJSRMLS
Mls ID: #602266
