108 Lantern PlaceLittle Egg HarborNJ08087
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Little Egg Harbor at 108 Lantern Place, Little Egg Harbor, NJ, 08087 at $349,999 posts ROI 24.64% with $457/mo cash flow from $2,952/mo rent. Total monthly income equals $2,952/mo, and annual cash flow records $5,488/yr on $116,025 to close. Return on cash invested measures 24.64% and rental yield reads 10.12% at the current $349,999. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,698 by year five. Five-year ROI prints 129.45% and total cumulative return in cash totals $150,194.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,952/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08087, Tuckerton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,107 (100%) |
| Owner Occupied HU | 9,039 (64.1%) |
| Renter Occupied HU | 2,220 (15.7%) |
| Vacant Housing Units | 2,848 (20.2%) |
| Median Home Value | $432,411 |
| Average Home Value | $541,979 |
Housing Distribution
Address Breakdown
Residential
12,261
Single Family
12,059
Multi-Family
202
Businesses
546
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Listed by: Jill Panico • Keller Williams Shore Properties
Mls Name: MoreMLS
Mls ID: #22533378