16 Davey Jones WayWaretownNJ08758
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 Waretown at 16 Davey Jones Way, Waretown, NJ, 08758 listed at $685,000 pairs $3,574/mo rent with a $3,353/mo payment. Total monthly income runs $3,574/mo. Return on cash invested measures 13.09% in year one, and rental yield registers 6.26% at a $685,000 basis. Equity gained on principal adds $4,420/yr, and annual property appreciation at 5% supports $189,253 by year five. Five-year ROI tracks 67.51% and total cumulative return in cash totals $152,134. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,574/mo property income relative to a $3,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08758, Waretown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 3,057 (74.2%) |
| Renter Occupied HU | 496 (12.0%) |
| Vacant Housing Units | 565 (13.7%) |
| Median Home Value | $566,761 |
| Average Home Value | $599,940 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,942
Multi-Family
77
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Panico • Keller Williams Shore Properties
Mls Name: MoreMLS
Mls ID: #22531272