11 E 74th St UNIT 9Harvey CedarsNJ08008
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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 Harvey Cedars at 11 E 74th St UNIT 9, Harvey Cedars, NJ, 08008 listed at $185,000 pairs $1,429/mo rent with a $905/mo payment to leave $111/mo cash flow. Total monthly income runs $1,429/mo, and annual cash flow reaches $1,330/yr on $61,328 cash to close. Return on cash invested measures 22.08% in year one, and rental yield registers 9.27% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 115.7% and total cumulative return in cash totals $70,959. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,429/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08008, Beach Haven, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,536 (100%) |
| Owner Occupied HU | 3,172 (18.1%) |
| Renter Occupied HU | 428 ( 2.4%) |
| Vacant Housing Units | 13,936 (79.5%) |
| Median Home Value | $990,030 |
| Average Home Value | $1,171,197 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
4,552
Multi-Family
9
Businesses
605
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Listed by: Amy Dacus • Zack Shore, REALTORS
Mls Name: BHHS broker feed
Mls ID: #NJOC2034012