209 Horseshoe Curv #209Ocean ViewNJ08230
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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 Ocean View at 209 Horseshoe Curv #209, Ocean View, NJ, 08230 listed at $225,000 pairs $2,141/mo rent with a $1,101/mo payment to leave $538/mo cash flow. Total monthly income runs $2,141/mo, and annual cash flow reaches $6,450/yr on $74,588 cash to close. Return on cash invested measures 28.56% in year one, and rental yield registers 11.42% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 150.47% and total cumulative return in cash totals $112,233. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,141/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
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 ID: #253248