20 Colonial DrLittle 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
Rental property for sale in Little Egg Harbor at 20 Colonial Dr, Little Egg Harbor, NJ, 08087 offers $3,328/mo rent that, after a $2,154/mo payment, leaves $191/mo cash flow. Total monthly income is $3,328/mo, and annual cash flow is $2,296/yr on $145,860 cash. Return on cash invested measures 21.48% in year one, and rental yield stands at 9.08% at a $439,999 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,564 by year five. Five-year ROI records 112.53% and total cumulative return in cash reaches $164,134. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,328/mo property income versus a $2,154/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
N/A 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: Camille Simms • RE/MAX at Barnegat Bay - Toms River
Mls Name: Bright MLS
Mls ID: #NJOC2037084