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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Forked River at 0 Clearwater Drive, Forked River, NJ, 08731 generates $3,630/mo in rent, after a $7,219/mo payment. Total monthly income is $3,630/mo. Return on cash invested sits at 3.09% in year one, and rental yield is 2.95% on a $1,475,000 entry. Equity gained on principal adds $9,518/yr, while 5% annual appreciation builds toward $407,515 over five years. Five-year ROI reaches 13.79% and total cumulative return in cash sums $65,914. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,630/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08731, Forked River, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,048 (100%) |
| Owner Occupied HU | 7,829 (77.9%) |
| Renter Occupied HU | 1,113 (11.1%) |
| Vacant Housing Units | 1,106 (11.0%) |
| Median Home Value | $461,309 |
| Average Home Value | $519,264 |
Residential
9,457
Single Family
9,457
Multi-Family
0
Businesses
610
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $1,475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sandra A Bator • RE/MAX at Barnegat Bay
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508420
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.
