16 Tavistock DriveLittle 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 Tavistock Drive, Little Egg Harbor, NJ, 08087 earns from $1,663/mo rent with a $1,189/mo payment. Total monthly income totals $1,663/mo. ROI tracks 18.89% on current figures, and rental yield reads 8.21% at a $243,000 purchase. Equity gained on principal adds $1,568/yr, and 5% annual appreciation supports $67,136 over five years. Five-year ROI reaches 98.61% and total cumulative return in cash sums $79,436. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,663/mo property income instead of your personal income.
Condo
Built in 1985
871.20 sqft 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: June Nazar • ERA/ American Towne Realty
Mls Name: MoreMLS
Mls ID: #22532627