1116 17th AvenueWall TownshipNJ07719
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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 Wall Township at 1116 17th Avenue, Wall Township, NJ, 07719 offers a 9.28% rental yield on a $549,000 purchase with $4,244/mo rent. Total monthly income registers $4,244/mo, and a $2,687/mo payment leaves $331/mo available for distribution. Annual cash flow reaches $3,971/yr on $180,621 to close, and return on cash invested stands at 22.26% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 116.64% and total cumulative return in cash at $210,680. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,244/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07719, Belmar, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,164 (100%) |
| Owner Occupied HU | 6,722 (60.2%) |
| Renter Occupied HU | 2,565 (23.0%) |
| Vacant Housing Units | 1,877 (16.8%) |
| Median Home Value | $785,079 |
| Average Home Value | $830,829 |
Housing Distribution
Address Breakdown
Residential
10,145
Single Family
9,362
Multi-Family
783
Businesses
1,118
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Listed by: Michael Imbriaco • RE/MAX Revolution
Mls Name: MoreMLS
Mls ID: #22526879