20 Cranbury Lake 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 20 Cranbury Lake Drive, Little Egg Harbor, NJ, 08087 with 5% annual appreciation on a $613,000 basis while $3,460/mo rent supports operations. 65% in year one. Equity gained on principal adds $3,956/yr, and five-year appreciation sums $169,361 alongside rental yield of 6.77%. Five-year ROI measures 75.84% and total cumulative return in cash totals $152,953. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,460/mo property income versus a $3,000/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
4,791 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: Jackson A Downey • C21/ Action Plus Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22425133
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.