15 W Playhouse Drive UNIT 21Little Egg Harbor TwpNJ08087
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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 Little Egg Harbor Twp at 15 W Playhouse Drive UNIT 21, Little Egg Harbor Twp, NJ, 08087 earns $50/mo cash flow from $3,088/mo rent with a $1,664/mo payment. Total monthly income totals $3,088/mo, and annual cash flow totals $596/yr on $112,710 capital. ROI tracks 20.44% on current figures, and rental yield reads 10.9% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 109.29% and total cumulative return in cash sums $123,186. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,088/mo property income instead of your personal income.
Condo
Built in 1988
871.20 sqft lot
$N/A/sqft
$615 monthly 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: William Bradshaw • Keller Williams Atlantic Shore
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510748
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.