115 Midway AvenueSeaside ParkNJ08752
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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 Seaside Park at 115 Midway Avenue, Seaside Park, NJ, 08752 earns from $2,574/mo rent with a $2,570/mo payment. Total monthly income totals $2,574/mo. ROI tracks 11.94% on current figures, and rental yield reads 5.88% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 61.34% and total cumulative return in cash sums $105,945. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,574/mo property income instead of your personal income.
Single Family
Built in 1960
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08752, Seaside Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,093 (100%) |
| Owner Occupied HU | 831 (20.3%) |
| Renter Occupied HU | 261 ( 6.4%) |
| Vacant Housing Units | 3,001 (73.3%) |
| Median Home Value | $814,611 |
| Average Home Value | $872,178 |
Housing Distribution
Address Breakdown
Residential
1,688
Single Family
1,665
Multi-Family
23
Businesses
112
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Listed by: Danielle Coyle • RE/MAX Select
Mls Name: MoreMLS
Mls ID: #22530428