389-3 Bay Shore Dr -3BarnegatNJ08005
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Barnegat at 389-3 Bay Shore Dr -3, Barnegat, NJ, 08005 generates $0/mo in rent, after a $2,540/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.94% in year one, and rental yield is 0% on a $519,000 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation builds toward $143,390 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08005, Barnegat, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 9,490 (77.3%) |
| Renter Occupied HU | 1,615 (13.2%) |
| Vacant Housing Units | 1,167 ( 9.5%) |
| Median Home Value | $446,945 |
| Average Home Value | $462,761 |
Housing Distribution
Address Breakdown
Residential
12,355
Single Family
12,093
Multi-Family
262
Businesses
451
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Patricia R Wojtyszyn • C-21 Crest Real Estate, Inc.
Mls Name: GSMLS
Mls ID: #3985469