1109 Sea Girt AvenueSea GirtNJ08750
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sea Girt at 1109 Sea Girt Avenue, Sea Girt, NJ, 08750 priced at $1,999,900 pairs $7,542/mo rent with after a $9,789/mo payment. Total monthly income equals $7,542/mo. Return on cash invested is 7.94% in year one, and rental yield stands at 4.53% on a $1,999,900 basis. Equity gained on principal adds $12,905/yr, and 5% annual appreciation accumulates to $552,536 by year five. Five-year ROI measures 39.8% and total cumulative return in cash reaches $257,916. For financing, Ziffy Mortgage’s DSCR program evaluates $7,542/mo property income against a $9,789/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08750, Sea Girt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,289 (60.9%) |
| Renter Occupied HU | 225 (10.6%) |
| Vacant Housing Units | 602 (28.4%) |
| Median Home Value | $1,293,825 |
| Average Home Value | $1,407,836 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,888
Multi-Family
73
Businesses
299
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Listed by: Megan Schell Schnurr • Keller Williams Realty Spring Lake
Mls Name: MOMLS
Mls Provider:
Mls ID: #22425606
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.