121 Golf View DriveLittle Egg HarborNJ08087
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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 Little Egg Harbor at 121 Golf View Drive, Little Egg Harbor, NJ, 08087 priced at $559,000 converts $4,414/mo rent into $430/mo cash flow after a $2,736/mo obligation. Total monthly income equals $4,414/mo, and annual cash flow totals $5,155/yr on $183,911 invested. Return on cash invested prints 22.86% in year one, and rental yield reads 9.48% against a $559,000 entry. Equity gained on principal adds $3,607/yr, while 5% annual appreciation compiles into $154,441 by year five. Five-year ROI reaches 119.89% and total cumulative return in cash sums $220,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,414/mo property income covering a $2,736/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.29 Acres 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: David Lazaro • Keller Williams Shore Properties
Mls Name: MoreMLS
Mls ID: #22600367