142 Tarpon DriveWall TownshipNJ08750
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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
Investment property for sale in Wall Township at 142 Tarpon Drive, Wall Township, NJ, 08750 earns from $4,602/mo rent with a $3,744/mo payment. Total monthly income totals $4,602/mo. ROI tracks 14.64% on current figures, and rental yield reads 7.22% at a $765,000 purchase. Equity gained on principal adds $4,936/yr, and 5% annual appreciation supports $211,355 over five years. Five-year ROI reaches 76.28% and total cumulative return in cash sums $191,975. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,602/mo property income instead of your personal income.
Condo
Built in 1991
0.96 Acres lot
$N/A/sqft
$860 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08750, Sea Girt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,289 (60.9%) |
| Renter Occupied HU | 225 (10.6%) |
| Vacant Housing Units | 602 (28.4%) |
| Median Home Value | $1,293,825 |
| Average Home Value | $1,407,836 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,888
Multi-Family
73
Businesses
299
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Listed by: Lorraine Donohue • Ward Wight Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22522980
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.