130 Camp Meeting AvenueIsland HeightsNJ08732
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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 Island Heights at 130 Camp Meeting Avenue, Island Heights, NJ, 08732 offers $5,534/mo rent that, after a $7,317/mo payment. Total monthly income is $5,534/mo. Return on cash invested measures 7.68% in year one, and rental yield stands at 4.44% at a $1,495,000 entry. Equity gained on principal adds $9,647/yr while 5% annual appreciation compounds into $413,041 by year five. Five-year ROI records 38.44% and total cumulative return in cash reaches $186,181. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,534/mo property income versus a $7,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08732, Island Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 795 (100%) |
| Owner Occupied HU | 601 (75.6%) |
| Renter Occupied HU | 91 (11.4%) |
| Vacant Housing Units | 103 (13.0%) |
| Median Home Value | $644,947 |
| Average Home Value | $745,761 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
129
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Nearby investment properties with comparable prices
Listed by: Joseph Cassese • Cassese Realtors
Mls Name: MoreMLS
Mls ID: #22601660