2201 River Road #4401Point Pleasant BoroNJ08742
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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 Point Pleasant Boro at 2201 River Road #4401, Point Pleasant Boro, NJ, 08742 earns from $4,655/mo rent with a $4,895/mo payment. Total monthly income totals $4,655/mo. ROI tracks 11.04% on current figures, and rental yield reads 5.59% at a $1,000,000 purchase. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,282 over five years. Five-year ROI reaches 56.48% and total cumulative return in cash sums $185,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,655/mo property income instead of your personal income.
Condo
Built in 2014
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
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Listed by: David Turton • Diane Turton, Realtors-Point Pleasant Boro
Mls Name: MoreMLS
Mls ID: #22526187