10 SE Central Avenue UNIT 2Seaside ParkNJ08752
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Seaside Park at 10 SE Central Avenue UNIT 2, Seaside Park, NJ, 08752 priced at $624,000 converts $2,495/mo rent into after a $3,054/mo obligation. Total monthly income equals $2,495/mo. Return on cash invested prints 7.12% in year one, and rental yield reads 4.8% against a $624,000 entry. Equity gained on principal adds $4,027/yr, while 5% annual appreciation compiles into $172,400 by year five. Five-year ROI reaches 36.04% and total cumulative return in cash sums $73,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,495/mo property income covering a $3,054/mo payment, not borrower’s personal income.
Condo
Built in 1983
0.33 Acres lot
$N/A/sqft
$783 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08752, Seaside Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,093 (100%) |
| Owner Occupied HU | 831 (20.3%) |
| Renter Occupied HU | 261 ( 6.4%) |
| Vacant Housing Units | 3,001 (73.3%) |
| Median Home Value | $814,611 |
| Average Home Value | $872,178 |
Housing Distribution
Address Breakdown
Residential
1,688
Single Family
1,665
Multi-Family
23
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren L Barcellona • Arthur Rue Agency
Mls Name: MOMLS
Mls Provider:
Mls ID: #22500016
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.