NORTHWEST Plan, Ocean County SelectLittle 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 NORTHWEST Plan, Ocean County Select, Little Egg Harbor, NJ, 08087 priced at $624,490 converts $3,454/mo rent into after a $3,057/mo obligation. Total monthly income equals $3,454/mo. Return on cash invested prints 14.23% in year one, and rental yield reads 6.64% against a $624,490 entry. Equity gained on principal adds $4,030/yr, while 5% annual appreciation compiles into $172,535 by year five. Five-year ROI reaches 73.63% and total cumulative return in cash sums $151,281. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,454/mo property income covering a $3,057/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A 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: Online Sales Select Homes New Jersey • D.R. Horton - New Jersey
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A