2 W Janet Rd #1Beach HavenNJ08008
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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 Beach Haven at 2 W Janet Rd #1, Beach Haven, NJ, 08008 generates $4,622/mo in rent, after a $4,058/mo payment. Total monthly income is $4,622/mo. Return on cash invested sits at 14.4% in year one, and rental yield is 6.69% on a $829,000 entry. Equity gained on principal adds $5,349/yr, while 5% annual appreciation builds toward $229,037 over five years. Five-year ROI reaches 74.49% and total cumulative return in cash sums $203,152. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,622/mo property income rather than buyer’s personal income.
Condo
Built in 1965
3,765 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
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Listed by: Virginia Messec • Diane Turton REALTORS - BH
Mls Name: Bright MLS
Mls ID: #NJOC2038140