1622 Dorsett Dock Rd #8Point Pleasant BeachNJ08742
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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 Point Pleasant Beach at 1622 Dorsett Dock Rd #8, Point Pleasant Beach, NJ, 08742 earns from $4,288/mo rent with a $4,395/mo payment. Total monthly income totals $4,288/mo. ROI tracks 10.4% on current figures, and rental yield reads 5.73% at a $898,000 purchase. Equity gained on principal adds $5,795/yr, and 5% annual appreciation supports $248,101 over five years. Five-year ROI reaches 53.45% and total cumulative return in cash sums $157,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,288/mo property income instead of your personal income.
Condo
Built in 1986
5,793 sqft lot
$N/A/sqft
$266 monthly 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: N/A • N/A
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