2113 RiverPt PleasantNJ08742
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
Rental property for sale in Pt Pleasant at 2113 River, Pt Pleasant, NJ, 08742 offers $4,721/mo rent that, after a $8,045/mo payment. Total monthly income is $4,721/mo. Return on cash invested measures 4.61% in year one, and rental yield stands at 3.45% at a $1,643,700 entry. Equity gained on principal adds $10,607/yr while 5% annual appreciation compounds into $454,124 by year five. Five-year ROI records 21.96% and total cumulative return in cash reaches $116,935. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,721/mo property income versus a $8,045/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A