229 Merivale Ave #BBeach 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
Investment property for sale in Beach Haven at 229 Merivale Ave #B, Beach Haven, NJ, 08008 earns from $2,712/mo rent with a $5,873/mo payment. Total monthly income totals $2,712/mo. ROI tracks 2.34% on current figures, and rental yield reads 2.71% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 9.8% and total cumulative return in cash sums $38,087. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,712/mo property income instead of your personal income.
Condo
Built in 1980
4,000 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: Eileen Hessel • Coastal Living Real Estate Group
Mls Name: Bright MLS
Mls ID: #NJOC2037576