15 Tanglewood 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 15 Tanglewood Drive, Barnegat, NJ, 08005 generates $5,230/mo in rent and, after a $2,668/mo payment, leaves $1,345/mo in cash flow. Total monthly income is $5,230/mo, and annual cash flow is $16,138/yr on $179,305 invested. Return on cash invested sits at 29.06% in year one, and rental yield is 11.52% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 153.13% and total cumulative return in cash sums $274,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,230/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
10,454 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: Cynthia Smithman • United Real Estate Associates
Mls Name: MOMLS
Mls ID: #22520978