13 Colton CourtBayvilleNJ08721
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
Rental property for sale in Bayville at 13 Colton Court, Bayville, NJ, 08721 priced at $749,000 converts $5,458/mo rent into $119/mo cash flow after a $3,666/mo obligation. Total monthly income equals $5,458/mo, and annual cash flow totals $1,431/yr on $246,421 invested. Return on cash invested prints 20.64% in year one, and rental yield reads 8.74% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 107.98% and total cumulative return in cash sums $266,092. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,458/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08721, Bayville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 7,129 (74.1%) |
| Renter Occupied HU | 1,504 (15.6%) |
| Vacant Housing Units | 986 (10.3%) |
| Median Home Value | $471,653 |
| Average Home Value | $536,444 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,902
Multi-Family
0
Businesses
409
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Listed by: Michelle Delaney • Coldwell Banker Flanagan Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22524085
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.