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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ocean View at 2 Williams Way, Ocean View, NJ, 08230 priced at $509,900 pairs $3,098/mo rent with after a $2,496/mo payment. Total monthly income equals $3,098/mo. Return on cash invested is 16.22% in year one, and rental yield stands at 7.29% on a $509,900 basis. Equity gained on principal adds $3,290/yr, and 5% annual appreciation accumulates to $140,876 by year five. Five-year ROI measures 84.29% and total cumulative return in cash reaches $141,404. For financing, Ziffy Mortgage’s DSCR program evaluates $3,098/mo property income against a $2,496/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08230, Ocean View, NJ area.
| 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 |
Residential
2,441
Single Family
2,441
Multi-Family
0
Businesses
237
Date | Event | Price |
|---|---|---|
| 2025-02-14 | Listed for sale | $509,900 |
| 2024-10-08 | Listing removed | $575,000 |
| 2024-09-09 | Price change | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $7073.90 | 0.18% | $323,600 | N/A |
| 2023-04-02 | $7060.95 | 7.22% | $323,600 | N/A |
| 2022-04-02 | $6585.26 | 3.93% | $323,600 | N/A |
Listed by: Donna Ang • FOX REAL ESTATE
Mls Name: CMCAOR
Mls Provider:
Mls ID: #250948
Disclaimer: Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
