109 Spring Lake BoulevardWaretownNJ08758
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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 Waretown at 109 Spring Lake Boulevard, Waretown, NJ, 08758 earns from $4,529/mo rent with a $3,617/mo payment. Total monthly income totals $4,529/mo. ROI tracks 16.42% on current figures, and rental yield reads 7.35% at a $739,000 purchase. Equity gained on principal adds $4,769/yr, and 5% annual appreciation supports $204,172 over five years. Five-year ROI reaches 85.32% and total cumulative return in cash sums $207,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,529/mo property income instead of your personal income.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08758, Waretown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 3,057 (74.2%) |
| Renter Occupied HU | 496 (12.0%) |
| Vacant Housing Units | 565 (13.7%) |
| Median Home Value | $566,761 |
| Average Home Value | $599,940 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,942
Multi-Family
77
Businesses
156
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Listed by: Anita Taylor • Weichert Realtors-Forked River
Mls Name: MoreMLS
Mls ID: #22526775