65 Chestnut Way CircleBarnegatNJ08005
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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 at 65 Chestnut Way Circle, Barnegat, NJ, 08005 priced at $659,000 converts $4,472/mo rent into after a $3,225/mo obligation. Total monthly income equals $4,472/mo. Return on cash invested prints 18.82% in year one, and rental yield reads 8.14% against a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation compiles into $182,070 by year five. Five-year ROI reaches 98.21% and total cumulative return in cash sums $212,923. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,472/mo property income covering a $3,225/mo payment, not borrower’s personal income.
Single Family
Built in 1999
10,292 sqft 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
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Listed by: Carmela Lerro-Calantoni • RE/MAX at Barnegat Bay
Mls Name: MoreMLS
Mls ID: #22524858