119 Dupont Avenue UNIT 2ASeaside HeightsNJ08751
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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
Rental property for sale in Seaside Heights at 119 Dupont Avenue UNIT 2A, Seaside Heights, NJ, 08751 priced at $744,900 converts $6,088/mo rent into $78/mo cash flow after a $3,646/mo obligation. Total monthly income equals $6,088/mo, and annual cash flow totals $941/yr on $245,072 invested. Return on cash invested prints 20.44% in year one, and rental yield reads 9.81% against a $744,900 entry. Equity gained on principal adds $4,807/yr, while 5% annual appreciation compiles into $205,802 by year five. Five-year ROI reaches 108.17% and total cumulative return in cash sums $265,092. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,088/mo property income covering a $3,646/mo payment, not borrower’s personal income.
Condo
Built in 2014
871.20 sqft lot
$N/A/sqft
$700 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08751, Seaside Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,631 (100%) |
| Owner Occupied HU | 1,002 (17.8%) |
| Renter Occupied HU | 959 (17.0%) |
| Vacant Housing Units | 3,670 (65.2%) |
| Median Home Value | $647,028 |
| Average Home Value | $715,484 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
1,993
Multi-Family
30
Businesses
200
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Listed by: Carlo P Calabrese • Goldstone Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518060
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.