212 Laurel DriveBayvilleNJ08721
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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 Bayville at 212 Laurel Drive, Bayville, NJ, 08721 earns $447/mo cash flow from $2,764/mo rent with a $1,591/mo payment. Total monthly income totals $2,764/mo, and annual cash flow totals $5,366/yr on $107,737 capital. ROI tracks 24.89% on current figures, and rental yield reads 10.21% at a $324,999 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,791 over five years. Five-year ROI reaches 130.82% and total cumulative return in cash sums $140,941. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,764/mo property income instead of your personal income.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08721, Bayville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 7,129 (74.1%) |
| Renter Occupied HU | 1,504 (15.6%) |
| Vacant Housing Units | 986 (10.3%) |
| Median Home Value | $471,653 |
| Average Home Value | $536,444 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,902
Multi-Family
0
Businesses
409
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Listed by: Susan Moroney • Keller Williams Avon Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22428884
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.