2006 Coral WayWall TownshipNJ07719
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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 Wall Township at 2006 Coral Way, Wall Township, NJ, 07719 earns from $3,251/mo rent with a $2,442/mo payment. Total monthly income totals $3,251/mo. ROI tracks 17.69% on current figures, and rental yield reads 7.82% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 92.2% and total cumulative return in cash sums $152,514. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,251/mo property income instead of your personal income.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07719, Belmar, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,164 (100%) |
| Owner Occupied HU | 6,722 (60.2%) |
| Renter Occupied HU | 2,565 (23.0%) |
| Vacant Housing Units | 1,877 (16.8%) |
| Median Home Value | $785,079 |
| Average Home Value | $830,829 |
Housing Distribution
Address Breakdown
Residential
10,145
Single Family
9,362
Multi-Family
783
Businesses
1,118
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Listed by: Joseph Mangiafico • Keller Williams Realty Ocean Living
Mls Name: MoreMLS
Mls ID: #22601288