228 Broad StreetManasquanNJ08736
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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 Manasquan at 228 Broad Street, Manasquan, NJ, 08736 offers a 5.46% rental yield on a $1,549,999 purchase with $7,055/mo rent. 83% in year one. Equity gained on principal adds $10,002/yr while 5% annual appreciation supports $428,236 over five years. Portfolio math shows five-year ROI at 55.32% and total cumulative return in cash at $277,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,055/mo property income against a $7,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1907
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08736, Manasquan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,356 (100%) |
| Owner Occupied HU | 4,432 (69.7%) |
| Renter Occupied HU | 817 (12.9%) |
| Vacant Housing Units | 1,107 (17.4%) |
| Median Home Value | $865,375 |
| Average Home Value | $943,515 |
Housing Distribution
Address Breakdown
Residential
5,692
Single Family
5,642
Multi-Family
50
Businesses
869
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Listed by: Kelly Ragan • Keller Williams Realty Spring Lake
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510200
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.