1838 Route 9 SOcean 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
Investment property for sale in Ocean View at 1838 Route 9 S, Ocean View, NJ, 08230 earns from $4,519/mo rent with a $3,695/mo payment. Total monthly income totals $4,519/mo. ROI tracks 15.9% on current figures, and rental yield reads 7.18% at a $754,990 purchase. Equity gained on principal adds $4,872/yr, and 5% annual appreciation supports $208,590 over five years. Five-year ROI reaches 82.52% and total cumulative return in cash sums $204,972. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,519/mo property income instead of your personal income.
Single Family
Built in 2025
1.79 Acres 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: Linda Kirk • D.R. Horton Realty of Atlantic County, LLC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #591046
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. 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.