217 Hiering Ave #3Seaside 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 217 Hiering Ave #3, Seaside Heights, NJ, 08751 listed at $307,600 pairs $2,342/mo rent with a $1,506/mo payment to leave $149/mo cash flow. Total monthly income runs $2,342/mo, and annual cash flow reaches $1,788/yr on $101,969 cash to close. Return on cash invested measures 21.66% in year one, and rental yield registers 9.14% at a $307,600 basis. Equity gained on principal adds $1,985/yr, and annual property appreciation at 5% supports $84,984 by year five. Five-year ROI tracks 113.53% and total cumulative return in cash totals $115,762. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,342/mo property income relative to a $1,506/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A 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: N/A • N/A
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Mls ID: #N/A