119 17th AvenueBelmarNJ07719
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
Investment property for sale in Belmar at 119 17th Avenue, Belmar, NJ, 07719 listed at $999,500 pairs $4,914/mo rent with a $4,892/mo payment. Total monthly income runs $4,914/mo. Return on cash invested measures 11.99% in year one, and rental yield registers 5.9% at a $999,500 basis. Equity gained on principal adds $6,450/yr, and annual property appreciation at 5% supports $276,143 by year five. Five-year ROI tracks 61.6% and total cumulative return in cash totals $202,575. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,914/mo property income relative to a $4,892/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Coyle • RE/MAX Select
Mls Name: MoreMLS
Mls ID: #22528465