2005 Nassau DriveWall TownshipNJ07762
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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 Wall Township at 2005 Nassau Drive, Wall Township, NJ, 07762 priced at $849,999 pairs $4,837/mo rent with after a $4,160/mo payment. Total monthly income equals $4,837/mo. Return on cash invested is 14.82% in year one, and rental yield stands at 6.83% on a $849,999 basis. Equity gained on principal adds $5,485/yr, and 5% annual appreciation accumulates to $234,839 by year five. Five-year ROI measures 76.76% and total cumulative return in cash reaches $214,653. For financing, Ziffy Mortgage’s DSCR program evaluates $4,837/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07762, Spring Lake, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,755 (100%) |
| Owner Occupied HU | 2,831 (49.2%) |
| Renter Occupied HU | 1,406 (24.4%) |
| Vacant Housing Units | 1,518 (26.4%) |
| Median Home Value | $888,913 |
| Average Home Value | $1,183,369 |
Housing Distribution
Address Breakdown
Residential
5,253
Single Family
4,594
Multi-Family
659
Businesses
476
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Listed by: Patricia Mayer • Diane Turton, Realtors-Sea Girt
Mls Name: MOMLS
Mls Provider:
Mls ID: #22516628
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.