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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 1731 Bay Isle Drive, Point Pleasant Beach, NJ, 08742 offers a 4.26% rental yield on a $1,999,999 purchase with $7,103/mo rent. 12% in year one. Equity gained on principal adds $12,906/yr while 5% annual appreciation supports $552,563 over five years. Portfolio math shows five-year ROI at 35.45% and total cumulative return in cash at $229,699. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,103/mo property income against a $9,789/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,500 sqft 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 |
|---|---|---|
| 2025-10-17 | Sold | $1,999,999 |
| 2025-09-10 | Pending sale | $1,999,999 |
| 2025-08-23 | Listed for sale | $1,999,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $18678.08 | 1.57% | $872,400 | N/A |
| 2022-10-22 | $18390.19 | N/A | $872,400 | N/A |
| 2021-10-22 | $18390.19 | 2.43% | $872,400 | N/A |
Listed by: Colleen A Tobin • Diane Turton, Realtors-Spring Lake
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22525599
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.
