1315 Sunset AvenuePt Pleasant BoroNJ08742
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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
Investment property for sale in Pt Pleasant Boro at 1315 Sunset Avenue, Pt Pleasant Boro, NJ, 08742 listed at $549,900 pairs $3,469/mo rent with a $2,691/mo payment. Total monthly income runs $3,469/mo. Return on cash invested measures 17.07% in year one, and rental yield registers 7.57% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 88.84% and total cumulative return in cash totals $160,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,469/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
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Listed by: James Hannam • RE/MAX Bay Point Realtors
Mls Name: MoreMLS
Mls ID: #22524906