50 Whitemarsh Court UNIT 1550TuckertonNJ08087
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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 50 Whitemarsh Court UNIT 1550, Tuckerton, NJ, 08087 uses $62,952 cash to close to unlock $1,019/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,658/mo, and a $929/mo payment keeps the spread at $85/mo. Purchase price stands at $189,900, and rental yield measures 10.48% with $1,658/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 114.27% and total cumulative return in cash records $71,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,658/mo property income covering a $929/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$220 monthly 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: Donna T Wilson • Keller Williams Preferred Properties, Ship Bottom
Mls Name: MOMLS
Mls Provider:
Mls ID: #22506641
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.