143 Sylvan Lake BoulevardBayvilleNJ08721
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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 Bayville at 143 Sylvan Lake Boulevard, Bayville, NJ, 08721 listed at $392,000 pairs $3,372/mo rent with a $1,919/mo payment to leave $446/mo cash flow. Total monthly income runs $3,372/mo, and annual cash flow reaches $5,350/yr on $129,948 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 10.32% at a $392,000 basis. Equity gained on principal adds $2,530/yr, and annual property appreciation at 5% supports $108,302 by year five. Five-year ROI tracks 126.59% and total cumulative return in cash totals $164,496. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,372/mo property income relative to a $1,919/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
6,098 sqft lot
$N/A/sqft
$395 quarterly 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: Thomas Basile • Crossroads Realty Ocean Cty Regional Office
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22517026
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