9 Nassau RdSomers PointNJ08244
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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 Somers Point at 9 Nassau Rd, Somers Point, NJ, 08244 at $369,900 posts ROI 20.06% with $16/mo cash flow from $2,652/mo rent. Total monthly income equals $2,652/mo, and annual cash flow records $191/yr on $122,622 to close. Return on cash invested measures 20.06% and rental yield reads 8.6% at the current $369,900. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 by year five. Five-year ROI prints 104.9% and total cumulative return in cash totals $128,626.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,652/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08244, Somers Point, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,396
Single Family
5,395
Multi-Family
1
Businesses
523
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Listed by: Carrie Paul • Compass New Jersey-Ocean City (O463E)
Mls Name: SJSRMLS
Mls ID: #601040