106 2nd Avenue #1Seaside ParkNJ08752
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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 Seaside Park at 106 2nd Avenue #1, Seaside Park, NJ, 08752 earns $40/mo cash flow from $5,735/mo rent with a $3,911/mo payment. Total monthly income totals $5,735/mo, and annual cash flow totals $475/yr on $262,871 capital. ROI tracks 20.24% on current figures, and rental yield reads 8.61% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 105.83% and total cumulative return in cash sums $278,190. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,735/mo property income instead of your personal income.
Condo
Built in 1990
4,791 sqft lot
$N/A/sqft
No 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
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Listed by: Lauren L Barcellona • Arthur Rue Agency
Mls Name: MoreMLS
Mls ID: #22531813