700 Columbia RdEgg Harbor CityNJ08215
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 City at 700 Columbia Rd, Egg Harbor City, NJ, 08215 at $449,900 posts ROI 23.3% with $421/mo cash flow from $3,628/mo rent. Total monthly income equals $3,628/mo, and annual cash flow records $5,055/yr on $149,142 to close. Return on cash invested measures 23.3% and rental yield reads 9.68% at the current $449,900. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 by year five. Five-year ROI prints 122.26% and total cumulative return in cash totals $182,338.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,628/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A 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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Listed by: RICHARD PERRIN • KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Mls Name: SJSRMLS
Mls ID: #600909