2058 S Shore RdSeavilleNJ08230
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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 Seaville at 2058 S Shore Rd, Seaville, NJ, 08230 uses $140,888 cash to close to unlock $7,990/yr annual cash flow and $666/mo monthly cash flow. Total monthly income runs $3,695/mo, and a $2,080/mo payment keeps the spread at $666/mo. Purchase price stands at $425,000, and rental yield measures 10.43% with $3,695/mo rent. Return on cash invested shows 25.58% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 134.48% and total cumulative return in cash records $189,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,695/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08230, Ocean View, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,441
Single Family
2,441
Multi-Family
0
Businesses
237
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Listed by: Lynda A. Greaves • KELLER WILLIAMS REALTY JERSEY SHORE oc
Mls Name: CMCAOR
Mls Provider:
Mls ID: #251473
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