10 Outsail AvenueAveNJ08005
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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 Ave at 10 Outsail Avenue, Ave, NJ, 08005 offers a 10.08% rental yield on a $651,990 purchase with $5,478/mo rent. Total monthly income registers $5,478/mo, and a $3,191/mo payment leaves $831/mo available for distribution. Annual cash flow reaches $9,971/yr on $214,505 to close, and return on cash invested stands at 24.71% in year one. Equity gained on principal adds $4,207/yr while 5% annual appreciation supports $180,133 over five years. Portfolio math shows five-year ROI at 129.78% and total cumulative return in cash at $278,390. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,478/mo property income against a $3,191/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.27 Acres 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: Linda Kirk • D. R . Horton Realty of Atlantic County LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22427782
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.