219 Hamilton Avenue UNIT 1ASeaside 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 219 Hamilton Avenue UNIT 1A, Seaside Heights, NJ, 08751 with 5% annual appreciation on a $319,900 basis while $2,400/mo rent supports operations. Total monthly income totals $2,400/mo and a $1,566/mo payment preserves $45/mo for cash returns. Annual cash flow comes to $535/yr on $106,047 deployed, and return on cash invested reaches 20.41% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 9%. Five-year ROI measures 107.1% and total cumulative return in cash totals $113,576.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,400/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1965
4,791 sqft lot
$N/A/sqft
$75 monthly 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: Susan Kuiken • EXP Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508560
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.