227 Mirage BoulevardBarnegatNJ08005
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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 Barnegat at 227 Mirage Boulevard, Barnegat, NJ, 08005 with 5% annual appreciation on a $524,990 basis while $4,682/mo rent supports operations. Total monthly income totals $4,682/mo and a $2,570/mo payment preserves $725/mo for cash returns. Annual cash flow comes to $8,694/yr on $172,722 deployed, and return on cash invested reaches 25.09% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,045 alongside rental yield of 10.7%. Five-year ROI measures 132.4% and total cumulative return in cash totals $228,690.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,682/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
6,534 sqft lot
$N/A/sqft
$215 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08005, Barnegat, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 9,490 (77.3%) |
| Renter Occupied HU | 1,615 (13.2%) |
| Vacant Housing Units | 1,167 ( 9.5%) |
| Median Home Value | $446,945 |
| Average Home Value | $462,761 |
Housing Distribution
Address Breakdown
Residential
12,355
Single Family
12,093
Multi-Family
262
Businesses
451
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Listed by: Joy Bearden • Keller Williams Preferred Properties,Ship Bottom
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515496
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.