2 Whitesands WayLittle SilverNJ07739
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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 Little Silver at 2 Whitesands Way, Little Silver, NJ, 07739 offers $5,282/mo rent that, after a $3,177/mo payment, leaves $296/mo cash flow. Total monthly income is $5,282/mo, and annual cash flow is $3,547/yr on $213,521 cash. Return on cash invested measures 21.72% in year one, and rental yield stands at 9.77% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 114.5% and total cumulative return in cash reaches $244,488. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,282/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1985
1.23 Acres lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07739, Little Silver, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,317 (100%) |
| Owner Occupied HU | 2,064 (89.1%) |
| Renter Occupied HU | 129 ( 5.6%) |
| Vacant Housing Units | 124 ( 5.4%) |
| Median Home Value | $966,171 |
| Average Home Value | $1,109,014 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,301
Multi-Family
0
Businesses
313
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Listed by: Heidi Modjeski • Patrick Parker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22501750
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.