1810 Central Ave #15Ship BottomNJ08008
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
Rental property for sale in Ship Bottom at 1810 Central Ave #15, Ship Bottom, NJ, 08008 generates $2,848/mo in rent, after a $3,617/mo payment. Total monthly income is $2,848/mo. Return on cash invested sits at 8.12% in year one, and rental yield is 4.62% on a $739,000 entry. Equity gained on principal adds $4,769/yr, while 5% annual appreciation builds toward $204,172 over five years. Five-year ROI reaches 40.83% and total cumulative return in cash sums $99,272. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,848/mo property income rather than buyer’s personal income.
Apartment
Built in 1972
1,411 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08008, Beach Haven, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,536 (100%) |
| Owner Occupied HU | 3,172 (18.1%) |
| Renter Occupied HU | 428 ( 2.4%) |
| Vacant Housing Units | 13,936 (79.5%) |
| Median Home Value | $990,030 |
| Average Home Value | $1,171,197 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
4,552
Multi-Family
9
Businesses
605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mr. Raymond Procaccini Jr. JR. • Oceanside Realty
Mls Name: Bright MLS
Mls ID: #NJOC2037060