30 Whitemarsh Court #1710TuckertonNJ08087
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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 Tuckerton at 30 Whitemarsh Court #1710, Tuckerton, NJ, 08087 uses $59,670 cash to close to unlock $1,488/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $1,407/mo, and a $881/mo payment keeps the spread at $124/mo. Purchase price stands at $180,000, and rental yield measures 9.38% with $1,407/mo rent. Return on cash invested shows 22.4% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 117.43% and total cumulative return in cash records $70,073. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,407/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1991
435.60 sqft 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: Noreen Callahan • Keller Williams Preferred Properties, Ship Bottom
Mls Name: MoreMLS
Mls ID: #22535664