12 Bay Breeze 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
Rental property for sale in Barnegat at 12 Bay Breeze Drive, Barnegat, NJ, 08005 priced at $453,990 converts $3,625/mo rent into $92/mo cash flow after a $2,222/mo obligation. Total monthly income equals $3,625/mo, and annual cash flow totals $1,105/yr on $150,498 invested. Return on cash invested prints 20.64% in year one, and rental yield reads 9.58% against a $453,990 entry. Equity gained on principal adds $2,930/yr, while 5% annual appreciation compiles into $125,429 by year five. Five-year ROI reaches 108.89% and total cumulative return in cash sums $163,882. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,625/mo property income covering a $2,222/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$297 monthly 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: Linda Kirk • D. R . Horton Realty of Atlantic County LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511115
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.