20 Jeanette StreetBayvilleNJ08721
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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 Bayville at 20 Jeanette Street, Bayville, NJ, 08721 uses $157,463 cash to close to unlock $6,434/yr annual cash flow and $536/mo monthly cash flow. Total monthly income runs $3,922/mo, and a $2,325/mo payment keeps the spread at $536/mo. Purchase price stands at $475,000, and rental yield measures 9.91% with $3,922/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 126% and total cumulative return in cash records $198,403. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,922/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08721, Bayville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 7,129 (74.1%) |
| Renter Occupied HU | 1,504 (15.6%) |
| Vacant Housing Units | 986 (10.3%) |
| Median Home Value | $471,653 |
| Average Home Value | $536,444 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,902
Multi-Family
0
Businesses
409
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Listed by: Jasmin Elalfy • NJ Elite Group LLC
Mls Name: MoreMLS
Mls ID: #22601006