367 Marine StreetTuckertonNJ08087
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tuckerton at 367 Marine Street, Tuckerton, NJ, 08087 priced at $499,900 converts $4,009/mo rent into $446/mo cash flow after a $2,447/mo obligation. Total monthly income equals $4,009/mo, and annual cash flow totals $5,347/yr on $165,717 invested. Return on cash invested prints 23.14% in year one, and rental yield reads 9.62% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 121.38% and total cumulative return in cash sums $201,144. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,009/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.26 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David J Scalese • RE/MAX Revolution
Mls Name: MOMLS
Mls ID: #22524693