224 Tiller AvenueBeachwoodNJ08722
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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 Beachwood at 224 Tiller Avenue, Beachwood, NJ, 08722 earns from $2,714/mo rent with a $2,006/mo payment. Total monthly income totals $2,714/mo. ROI tracks 18.08% on current figures, and rental yield reads 7.95% at a $409,900 purchase. Equity gained on principal adds $2,645/yr, and 5% annual appreciation supports $113,248 over five years. Five-year ROI reaches 94.25% and total cumulative return in cash sums $128,068. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,714/mo property income instead of your personal income.
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08722, Beachwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,961 (100%) |
| Owner Occupied HU | 3,406 (86.0%) |
| Renter Occupied HU | 437 (11.0%) |
| Vacant Housing Units | 118 ( 3.0%) |
| Median Home Value | $353,598 |
| Average Home Value | $387,689 |
Housing Distribution
Address Breakdown
Residential
3,877
Single Family
3,877
Multi-Family
0
Businesses
161
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Listed by: James Hawkes • Berkshire Hathaway HomeServices Fox & Roach - Toms River
Mls Name: MoreMLS
Mls ID: #22527207