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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Point Pleasant Beach at 1721 Perch Hole Point Place, Point Pleasant Beach, NJ, 08742 projects strong ROI of 0.74%. Rental yield 2.19%. With 5% annual appreciation, the property builds $690,428 in value over five years. Equity growth combined delivers a projected five-year ROI of 1.23%, translating into $9,937 in total cumulative return on $809,676 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2007
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
| 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 |
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
Date | Event | Price |
|---|---|---|
| 2024-08-06 | Price change | $2,499,000 |
| 2024-07-02 | Listed for sale | $2,750,000 |
| 1996-07-15 | Sold | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $27764.49 | 1.57% | $1,296,800 | N/A |
| 2022-10-15 | $27336.54 | N/A | $1,296,800 | N/A |
| 2021-10-15 | $27336.54 | 2.43% | $1,296,800 | N/A |
Listed by: Jackie L Barber • Premier Coastal Properties LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22418510
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.
