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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% |
Rental property for sale in Hammonton at 709 Wayne Ave, Hammonton, NJ, 08037 priced at $679,000 pairs $4,292/mo rent with after a $3,323/mo payment. Total monthly income equals $4,292/mo. Return on cash invested is 17.12% in year one, and rental yield stands at 7.59% on a $679,000 basis. Equity gained on principal adds $4,381/yr, and 5% annual appreciation accumulates to $187,595 by year five. Five-year ROI measures 89.1% and total cumulative return in cash reaches $199,031. For financing, Ziffy Mortgage’s DSCR program evaluates $4,292/mo property income against a $3,323/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08037, Hammonton, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,543 (100%) |
| Owner Occupied HU | 6,839 (71.7%) |
| Renter Occupied HU | 2,173 (22.8%) |
| Vacant Housing Units | 531 ( 5.6%) |
| Median Home Value | $408,668 |
| Average Home Value | $465,869 |
Residential
9,440
Single Family
9,293
Multi-Family
147
Businesses
944
Date | Event | Price |
|---|---|---|
| 2024-09-23 | Listed for sale | $679,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-18 | $8653.05 | 0.51% | $315,000 | N/A |
| 2022-02-18 | $8608.95 | 0.51% | $315,000 | N/A |
| 2021-02-18 | $8564.85 | 0.37% | $315,000 | N/A |
What's Special
Storage
Listed by: Judi Cohen • BHHS FOX and ROACH-Margate
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #589356
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
