16 5th AvenueOrtley BeachNJ08751
Nearby investment properties with comparable rents
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 Ortley Beach at 16 5th Avenue, Ortley Beach, NJ, 08751 with 5% annual appreciation on a $1,599,999 basis while $4,946/mo rent supports operations. 42% in year one. Equity gained on principal adds $10,325/yr, and five-year appreciation sums $442,050 alongside rental yield of 3.71%. Five-year ROI measures 26.31% and total cumulative return in cash totals $136,371. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,946/mo property income versus a $7,831/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08751, Seaside Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,631 (100%) |
| Owner Occupied HU | 1,002 (17.8%) |
| Renter Occupied HU | 959 (17.0%) |
| Vacant Housing Units | 3,670 (65.2%) |
| Median Home Value | $647,028 |
| Average Home Value | $715,484 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
1,993
Multi-Family
30
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy O'Shea • Keller Williams Shore Properties
Mls Name: MoreMLS
Mls ID: #22527796