221 11th StreetBeach HavenNJ08008
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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
Rental property for sale in Beach Haven at 221 11th Street, Beach Haven, NJ, 08008 generates $3,341/mo in rent, after a $8,560/mo payment. Total monthly income is $3,341/mo. Return on cash invested sits at 1.05% in year one, and rental yield is 2.29% on a $1,749,000 entry. Equity gained on principal adds $11,286/yr, while 5% annual appreciation builds toward $483,216 over five years. Five-year ROI reaches 2.85% and total cumulative return in cash sums $16,147. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,341/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08008, Beach Haven, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,536 (100%) |
| Owner Occupied HU | 3,172 (18.1%) |
| Renter Occupied HU | 428 ( 2.4%) |
| Vacant Housing Units | 13,936 (79.5%) |
| Median Home Value | $990,030 |
| Average Home Value | $1,171,197 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
4,552
Multi-Family
9
Businesses
605
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Listed by: Paul Metzger • Weichert Realtors-Ship Bottom
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22528788
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.