16 Snead CtLittle 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
Investment property for sale in Little Egg Harbor at 16 Snead Ct, Little Egg Harbor, NJ, 08087 uses $135,915 cash to close to unlock $4,744/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $3,318/mo, and a $2,007/mo payment keeps the spread at $395/mo. Purchase price stands at $410,000, and rental yield measures 9.71% with $3,318/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 122.8% and total cumulative return in cash records $166,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,318/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.26 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: Beth deBruyn • Garabedian Realty Group, LLC
Mls Name: Bright MLS
Mls ID: #NJOC2039274