23 Twain AvenueBarnegatNJ08005
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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 23 Twain Avenue, Barnegat, NJ, 08005 earns $187/mo cash flow from $2,788/mo rent with a $1,786/mo payment. Total monthly income totals $2,788/mo, and annual cash flow totals $2,242/yr on $120,997 capital. ROI tracks 21.76% on current figures, and rental yield reads 9.17% at a $364,999 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,842 over five years. Five-year ROI reaches 114.01% and total cumulative return in cash sums $137,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,788/mo property income instead of your personal income.
Single Family
Built in 1973
7,840 sqft lot
$N/A/sqft
No 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: Julie Shebroe • Compass New Jersey, LLC
Mls Name: MoreMLS
Mls ID: #22600268