13B Emerald Drive #BBarnegatNJ08005
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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 13B Emerald Drive #B, Barnegat, NJ, 08005 with 5% annual appreciation on a $319,900 basis while $2,773/mo rent supports operations. Total monthly income totals $2,773/mo and a $1,566/mo payment preserves $493/mo for cash returns. Annual cash flow comes to $5,911/yr on $106,047 deployed, and return on cash invested reaches 25.48% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 10.4%. Five-year ROI measures 133.97% and total cumulative return in cash totals $142,076.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,773/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1986
7,500 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: Colette A Gioia • RE/MAX Revolution
Mls Name: MoreMLS
Mls ID: #22536943