216 Sumner AvenueSeaside HeightsNJ08751
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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 Seaside Heights at 216 Sumner Avenue, Seaside Heights, NJ, 08751 at $1,199,900 posts ROI 7.76% with from $4,469/mo rent. Total monthly income equals $4,469/mo. Return on cash invested measures 7.76% and rental yield reads 4.47% at the current $1,199,900. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,510 by year five. Five-year ROI prints 38.88% and total cumulative return in cash totals $151,168. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,469/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08751, Seaside Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,631 (100%) |
| Owner Occupied HU | 1,002 (17.8%) |
| Renter Occupied HU | 959 (17.0%) |
| Vacant Housing Units | 3,670 (65.2%) |
| Median Home Value | $647,028 |
| Average Home Value | $715,484 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
1,993
Multi-Family
30
Businesses
200
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Listed by: Betty Meseroll • Seaside Heights Realty Inc.
Mls Name: MoreMLS
Mls ID: #22528469