106 Makin AvenuePoint 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
Total monthly income runs $2,768/mo, and a $5,384/mo payment. Purchase price stands at $1,100,000, and rental yield measures 3.02% with $2,768/mo rent. Return on cash invested shows 3.29% in year one, and 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 14.89% and total cumulative return in cash records $53,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,768/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,000 sqft lot
$N/A/sqft
No 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: Patricia Mayer • Diane Turton, Realtors-Sea Girt
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22528419
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.