10 Pierhead DriveBarnegatNJ08005
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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 Barnegat at 10 Pierhead Drive, Barnegat, NJ, 08005 earns $370/mo cash flow from $4,360/mo rent with a $2,740/mo payment. Total monthly income totals $4,360/mo, and annual cash flow totals $4,435/yr on $184,207 capital. ROI tracks 22.47% on current figures, and rental yield reads 9.34% at a $559,900 purchase. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 over five years. Five-year ROI reaches 117.78% and total cumulative return in cash sums $216,958. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,360/mo property income instead of your personal income.
Single Family
Built in 2005
8,510 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08005, Barnegat, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 9,490 (77.3%) |
| Renter Occupied HU | 1,615 (13.2%) |
| Vacant Housing Units | 1,167 ( 9.5%) |
| Median Home Value | $446,945 |
| Average Home Value | $462,761 |
Housing Distribution
Address Breakdown
Residential
12,355
Single Family
12,093
Multi-Family
262
Businesses
451
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Listed by: Terri L Castro • Christie's Int'l RE Group
Mls Name: MoreMLS
Mls ID: #22525413