2201 River Road Unit 4303Point 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 Unit 4303, Point Pleasant Boro, NJ, 08742 earns from $3,156/mo rent with a $4,405/mo payment. Total monthly income totals $3,156/mo. ROI tracks 6.85% on current figures, and rental yield reads 4.21% at a $899,900 purchase. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,626 over five years. Five-year ROI reaches 34.04% and total cumulative return in cash sums $100,780. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,156/mo property income instead of your personal income.
Condo
Built in 2014
N/A 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: Susan Kuiken • C21/ Solid Gold Realty
Mls Name: MoreMLS
Mls ID: #22600020