6 W 11th StBarnegat LightNJ08006
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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 Barnegat Light at 6 W 11th St, Barnegat Light, NJ, 08006 generates $4,724/mo in rent, after a $9,789/mo payment. Total monthly income is $4,724/mo. Return on cash invested sits at 2.72% in year one, and rental yield is 2.83% on a $1,999,999 entry. Equity gained on principal adds $12,906/yr, while 5% annual appreciation builds toward $552,563 over five years. Five-year ROI reaches 11.82% and total cumulative return in cash sums $76,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,724/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08006, Barnegat Light, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 306 (23.7%) |
| Renter Occupied HU | 26 ( 2.0%) |
| Vacant Housing Units | 958 (74.3%) |
| Median Home Value | $1,157,895 |
| Average Home Value | $1,196,814 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
85
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Listed by: Michael Spark • SERHANT. New Jersey LLC
Mls Name: Bright MLS
Mls ID: #NJOC2035292