1301 SW Central Avenue #B8Seaside ParkNJ08752
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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
Total monthly income runs $2,926/mo, and a $3,426/mo payment. Purchase price stands at $699,999, and rental yield measures 5.02% with $2,926/mo rent. Return on cash invested shows 9.31% in year one, and 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 47.2% and total cumulative return in cash records $108,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,926/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Condo
Built in 1988
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08752, Seaside Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,093 (100%) |
| Owner Occupied HU | 831 (20.3%) |
| Renter Occupied HU | 261 ( 6.4%) |
| Vacant Housing Units | 3,001 (73.3%) |
| Median Home Value | $814,611 |
| Average Home Value | $872,178 |
Housing Distribution
Address Breakdown
Residential
1,688
Single Family
1,665
Multi-Family
23
Businesses
112
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Listed by: Mark Napoleon • RE/MAX at Barnegat Bay
Mls Name: MoreMLS
Mls ID: #22517210