19 Sunrise BoulevardForked RiverNJ08731
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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
Rental property for sale in Forked River at 19 Sunrise Boulevard, Forked River, NJ, 08731 offers $4,483/mo rent that, after a $2,545/mo payment, leaves $777/mo cash flow. Total monthly income is $4,483/mo, and annual cash flow is $9,323/yr on $171,047 cash. Return on cash invested measures 25.51% in year one, and rental yield stands at 10.35% at a $519,900 entry. Equity gained on principal adds $3,355/yr while 5% annual appreciation compounds into $143,639 by year five. Five-year ROI records 134.08% and total cumulative return in cash reaches $229,336. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,483/mo property income versus a $2,545/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08731, Forked River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,048 (100%) |
| Owner Occupied HU | 7,829 (77.9%) |
| Renter Occupied HU | 1,113 (11.1%) |
| Vacant Housing Units | 1,106 (11.0%) |
| Median Home Value | $461,309 |
| Average Home Value | $519,264 |
Housing Distribution
Address Breakdown
Residential
9,457
Single Family
9,457
Multi-Family
0
Businesses
610
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Nearby investment properties with comparable prices
Listed by: Julie L Choy • RE/MAX Revolution
Mls Name: MOMLS
Mls ID: #22519506