2033 Route 35 UNIT N.B. 3Seaside HeightsNJ08751
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Seaside Heights at 2033 Route 35 UNIT N.B. Total monthly income runs $2,400/mo, and a $3,122/mo payment. Purchase price stands at $637,900, and rental yield measures 4.51% with $2,400/mo rent. Return on cash invested shows 6.3% in year one, and 5% annual appreciation builds toward $176,240 over five years. Five-year ROI reaches 31.62% and total cumulative return in cash records $66,355. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $3,122/mo payment rather than investor’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08751, Seaside Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,631 (100%) |
| Owner Occupied HU | 1,002 (17.8%) |
| Renter Occupied HU | 959 (17.0%) |
| Vacant Housing Units | 3,670 (65.2%) |
| Median Home Value | $647,028 |
| Average Home Value | $715,484 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
1,993
Multi-Family
30
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Minerick • Homecoin.com
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511795
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.