Is Spring Lake Heights, NJ a good place to invest in rental property?

Spring Lake Heights, NJ has a median modeled monthly cash flow of $-2,758 and a median cap rate of 2.8%, on a median sold price of $880,000. Prices changed +10.4% year over year.

What is the average cap rate in Spring Lake Heights, NJ?

The median cap rate across recently sold homes in Spring Lake Heights, NJ is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Spring Lake Heights, NJ?

The median sold price in Spring Lake Heights, NJ is $880,000 (about $568 per square foot).

Investing in Spring Lake Heights, NJ Real Estate

A data-driven snapshot of the Spring Lake Heights, NJ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$880,000Median sold price

$568Median $/sqft

2.8%Median cap rate

$-2,758Modeled cash flow / mo

+10.4%Appreciation YoY

4.5Months of supply

31Active listings

83Sold (last 12 mo)

What the Spring Lake Heights numbers say

In Spring Lake Heights, NJ, the median home sold for $880,000 (about $568 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-2,758 of monthly cash flow. Sold prices moved +10.4% over the past year. Inventory sits at about 4.5 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Jersey markets to compare

See Spring Lake Heights cash-flowing listings

CashFlowRE ranks every for-sale home in Spring Lake Heights, NJ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Spring Lake Heights deals, or browse the national market data.