12 Ashcroft AveOcean ViewNJ08230
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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 Ocean View at 12 Ashcroft Ave, Ocean View, NJ, 08230 priced at $558,000 pairs $1,800/mo rent with after a $2,731/mo payment. Total monthly income equals $1,800/mo. Return on cash invested is 5.83% in year one, and rental yield stands at 3.87% on a $558,000 basis. Equity gained on principal adds $3,601/yr, and 5% annual appreciation accumulates to $154,165 by year five. Five-year ROI measures 28.55% and total cumulative return in cash reaches $52,405. For financing, Ziffy Mortgage’s DSCR program evaluates $1,800/mo property income against a $2,731/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08230, Ocean View, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,885 (100%) |
| Owner Occupied HU | 2,248 (77.9%) |
| Renter Occupied HU | 215 ( 7.5%) |
| Vacant Housing Units | 422 (14.6%) |
| Median Home Value | $504,666 |
| Average Home Value | $569,691 |
Housing Distribution
Address Breakdown
Residential
2,441
Single Family
2,441
Multi-Family
0
Businesses
237
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Listed by: Annamarie Germanio • RE/MAX at the Sea - sic
Mls Name: CMCAOR
Mls ID: #252871