23 Bayview DriveWaretownNJ08758
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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 Waretown at 23 Bayview Drive, Waretown, NJ, 08758 at $629,000 posts ROI 14.45% with from $3,516/mo rent. Total monthly income equals $3,516/mo. Return on cash invested measures 14.45% and rental yield reads 6.71% at the current $629,000. Equity gained on principal adds $4,059/yr, and 5% annual appreciation supports $173,781 by year five. Five-year ROI prints 74.78% and total cumulative return in cash totals $154,749. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,516/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08758, Waretown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 3,057 (74.2%) |
| Renter Occupied HU | 496 (12.0%) |
| Vacant Housing Units | 565 (13.7%) |
| Median Home Value | $566,761 |
| Average Home Value | $599,940 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,942
Multi-Family
77
Businesses
156
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Listed by: Aaron Gottesman • RE/MAX First Class
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508730
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.