229 Delaware AvenueOakhurstNJ07755
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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 Oakhurst at 229 Delaware Avenue, Oakhurst, NJ, 07755 offers $3,008/mo rent that, after a $4,894/mo payment. Total monthly income is $3,008/mo. Return on cash invested measures 5.03% in year one, and rental yield stands at 3.61% at a $999,900 entry. Equity gained on principal adds $6,452/yr while 5% annual appreciation compounds into $276,254 by year five. Five-year ROI records 24.28% and total cumulative return in cash reaches $79,868. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,008/mo property income versus a $4,894/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
10,018 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Stephanie Siciliano • RE/MAX Gateway
Mls Name: MOMLS
Mls Provider:
Mls ID: #22522005
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.