124 Barracuda RoadManahawkinNJ08050
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
Rental property for sale in Manahawkin at 124 Barracuda Road, Manahawkin, NJ, 08050 offers $4,879/mo rent that, after a $3,670/mo payment. Total monthly income is $4,879/mo. Return on cash invested measures 17.79% in year one, and rental yield stands at 7.81% at a $749,900 entry. Equity gained on principal adds $4,839/yr while 5% annual appreciation compounds into $207,184 by year five. Five-year ROI records 92.72% and total cumulative return in cash reaches $228,766. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,879/mo property income versus a $3,670/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08050, Manahawkin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,960 (100%) |
| Owner Occupied HU | 10,027 (67.0%) |
| Renter Occupied HU | 1,553 (10.4%) |
| Vacant Housing Units | 3,380 (22.6%) |
| Median Home Value | $457,496 |
| Average Home Value | $521,139 |
Housing Distribution
Address Breakdown
Residential
12,224
Single Family
11,848
Multi-Family
376
Businesses
767
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Listed by: Evan Vieira • Keller Williams Shore Properties
Mls Name: MOMLS
Mls Provider:
Mls ID: #22502021
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.