1911 Deerhead Lake DriveForked 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
Investment property for sale in Forked River at 1911 Deerhead Lake Drive, Forked River, NJ, 08731 earns $409/mo cash flow from $4,361/mo rent with a $2,714/mo payment. Total monthly income totals $4,361/mo, and annual cash flow totals $4,903/yr on $182,431 capital. ROI tracks 22.75% on current figures, and rental yield reads 9.44% at a $554,500 purchase. Equity gained on principal adds $3,578/yr, and 5% annual appreciation supports $153,198 over five years. Five-year ROI reaches 119.28% and total cumulative return in cash sums $217,603. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,361/mo property income instead of your personal income.
Single Family
Built in 1977
10,018 sqft 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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Listed by: Michelle Welsch • Weichert Realtors-Forked River
Mls Name: MOMLS
Mls Provider:
Mls ID: #22500032
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.