41 W Raritan DrLittle Egg HarborNJ08087
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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 Little Egg Harbor at 41 W Raritan Dr, Little Egg Harbor, NJ, 08087 priced at $349,900 converts $2,575/mo rent into $81/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,575/mo, and annual cash flow totals $967/yr on $115,992 invested. Return on cash invested prints 20.74% in year one, and rental yield reads 8.83% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 108.55% and total cumulative return in cash sums $125,910. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,575/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1969
5,001 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: Melissa Zimmerman-Colmyer • Buon Vita Homes Realty LLC
Mls Name: Bright MLS
Mls ID: #NJOC2038670