249 Center StLittle 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 249 Center St, Little Egg Harbor, NJ, 08087 offers a 9.83% rental yield on a $429,249 purchase with $3,518/mo rent. Total monthly income registers $3,518/mo, and a $2,101/mo payment leaves $458/mo available for distribution. Annual cash flow reaches $5,500/yr on $142,296 to close, and return on cash invested stands at 23.77% in year one. Equity gained on principal adds $2,770/yr while 5% annual appreciation supports $118,594 over five years. Portfolio math shows five-year ROI at 124.81% and total cumulative return in cash at $177,607. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,518/mo property income against a $2,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.50 Acres 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: Gregory Vlachakis • RE/MAX Revolution
Mls Name: Bright MLS
Mls ID: #NJOC2038110