2146 Spruce DriveSea GirtNJ08750
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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 Sea Girt at 2146 Spruce Drive, Sea Girt, NJ, 08750 earns from $5,822/mo rent with a $8,805/mo payment. Total monthly income totals $5,822/mo. ROI tracks 5.96% on current figures, and rental yield reads 3.88% at a $1,799,000 purchase. Equity gained on principal adds $11,609/yr, and 5% annual appreciation supports $497,031 over five years. Five-year ROI reaches 29.19% and total cumulative return in cash sums $170,145. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,822/mo property income instead of your personal income.
Single Family
Built in 1966
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08750, Sea Girt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,289 (60.9%) |
| Renter Occupied HU | 225 (10.6%) |
| Vacant Housing Units | 602 (28.4%) |
| Median Home Value | $1,293,825 |
| Average Home Value | $1,407,836 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,888
Multi-Family
73
Businesses
299
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Listed by: Kerry Tarigo • Diane Turton, Realtors-Sea Girt
Mls Name: MOMLS
Mls Provider:
Mls ID: #22516394
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.