3 W 12th StBarnegat LightNJ08006
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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 Light at 3 W 12th St, Barnegat Light, NJ, 08006 at $1,500,000 posts ROI 5.27% with from $4,578/mo rent. Total monthly income equals $4,578/mo. Return on cash invested measures 5.27% and rental yield reads 3.66% at the current $1,500,000. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,422 by year five. Five-year ROI prints 25.52% and total cumulative return in cash totals $124,007. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,578/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
6,251 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08006, Barnegat Light, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 306 (23.7%) |
| Renter Occupied HU | 26 ( 2.0%) |
| Vacant Housing Units | 958 (74.3%) |
| Median Home Value | $1,157,895 |
| Average Home Value | $1,196,814 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
85
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Listed by: Jason Gareau • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #NJOC2036352