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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ocean at 213 Parkview Avenue, Ocean, NJ, 07712 offers $4,522/mo rent that, after a $7,092/mo payment. Total monthly income is $4,522/mo. Return on cash invested measures 5.53% in year one, and rental yield stands at 3.74% at a $1,449,000 entry. Equity gained on principal adds $9,350/yr while 5% annual appreciation compounds into $400,332 by year five. Five-year ROI records 26.89% and total cumulative return in cash reaches $126,235. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,522/mo property income versus a $7,092/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07712, Asbury Park, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,067 (100%) |
| Owner Occupied HU | 8,930 (44.5%) |
| Renter Occupied HU | 9,346 (46.6%) |
| Vacant Housing Units | 1,791 ( 8.9%) |
| Median Home Value | $657,840 |
| Average Home Value | $712,237 |
Residential
18,546
Single Family
14,594
Multi-Family
3,952
Businesses
1,468
Date | Event | Price |
|---|---|---|
| 2025-10-09 | Sold | $1,449,000 |
| 2025-08-27 | Pending sale | $1,449,000 |
| 2025-08-20 | Listed for sale | $1,449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $12236.17 | 5.29% | $880,300 | 17.94% |
| 2023-10-20 | $11621.45 | 11.51% | $746,400 | 26.34% |
| 2022-10-20 | $10421.71 | 5.62% | $590,800 | 19.94% |
What's Special
Pull Down Stairs
Listed by: Joseph Baumann • The Connolly Agency
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22525283
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.
