29 W Tebco TerLong Beach TownshipNJ08008
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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 Long Beach Township at 29 W Tebco Ter, Long Beach Township, NJ, 08008 offers $4,133/mo rent that, after a $5,996/mo payment. Total monthly income is $4,133/mo. Return on cash invested measures 6.47% in year one, and rental yield stands at 4.05% at a $1,225,000 entry. Equity gained on principal adds $7,905/yr while 5% annual appreciation compounds into $338,445 by year five. Five-year ROI records 31.92% and total cumulative return in cash reaches $126,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,133/mo property income versus a $5,996/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
3,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08008, Beach Haven, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,536 (100%) |
| Owner Occupied HU | 3,172 (18.1%) |
| Renter Occupied HU | 428 ( 2.4%) |
| Vacant Housing Units | 13,936 (79.5%) |
| Median Home Value | $990,030 |
| Average Home Value | $1,171,197 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
4,552
Multi-Family
9
Businesses
605
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Listed by: N/A • N/A
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