7013 Ridge AveEgg 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
Investment property for sale in Egg Harbor Township at 7013 Ridge Ave, Egg Harbor Township, NJ, 08234 listed at $379,000 pairs $2,669/mo rent with a $1,855/mo payment. Total monthly income runs $2,669/mo. Return on cash invested measures 19.6% in year one, and rental yield registers 8.45% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 102.42% and total cumulative return in cash totals $128,675. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,669/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A 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: ADAM BRUNO • PLATINUM REAL ESTATE
Mls Name: SJSRMLS
Mls ID: #602912