101 Trenton Avenue unit 1Point Pleasant BeachNJ08742
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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 Point Pleasant Beach at 101 Trenton Avenue unit 1, Point Pleasant Beach, NJ, 08742 priced at $529,000 converts $2,578/mo rent into after a $2,589/mo obligation. Total monthly income equals $2,578/mo. Return on cash invested prints 8.43% in year one, and rental yield reads 5.85% against a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation compiles into $146,153 by year five. Five-year ROI reaches 43.71% and total cumulative return in cash sums $76,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,578/mo property income covering a $2,589/mo payment, not borrower’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
$495 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
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Listed by: Abby Boles • Curran Group Real Estate Services
Mls Name: MOMLS
Mls Provider:
Mls ID: #22427840
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.