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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ocean View at 124 Butter Rd, Ocean View, NJ, 08230 listed at $299,900 pairs $2,112/mo rent with a $1,468/mo payment. Total monthly income runs $2,112/mo. Return on cash invested measures 19.6% in year one, and rental yield registers 8.45% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 102.45% and total cumulative return in cash totals $101,848. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,112/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08230, Ocean View, NJ area.
| 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 |
Residential
2,441
Single Family
2,441
Multi-Family
0
Businesses
237
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: RONALD GIFFORD, JR. • Compass New Jersey-Ocean City (O463E)
Mls Name: SJSRMLS
Mls ID: #602477
