1731 Route 9 Rd #28Ocean ViewNJ08230
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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
Total monthly income runs $1,800/mo, and a $2,691/mo payment. Purchase price stands at $549,900, and rental yield measures 3.93% with $1,800/mo rent. Return on cash invested shows 6% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 29.48% and total cumulative return in cash records $53,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08230, Ocean View, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,885 (100%) |
| Owner Occupied HU | 2,248 (77.9%) |
| Renter Occupied HU | 215 ( 7.5%) |
| Vacant Housing Units | 422 (14.6%) |
| Median Home Value | $504,666 |
| Average Home Value | $569,691 |
Housing Distribution
Address Breakdown
Residential
2,441
Single Family
2,441
Multi-Family
0
Businesses
237
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Listed by: NICOLE PRESNALL • BHHS FOX and ROACH-Simpson OC
Mls Name: SJSRMLS
Mls ID: #601626