233 Dewey DrOrtley BeachNJ08751
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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 Ortley Beach at 233 Dewey Dr, Ortley Beach, NJ, 08751 earns from $5,600/mo rent with a $5,776/mo payment. Total monthly income totals $5,600/mo. ROI tracks 11.55% on current figures, and rental yield reads 5.69% at a $1,180,000 purchase. Equity gained on principal adds $7,614/yr, and 5% annual appreciation supports $326,012 over five years. Five-year ROI reaches 59.16% and total cumulative return in cash sums $226,172. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,600/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08751, Seaside Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,631 (100%) |
| Owner Occupied HU | 1,002 (17.8%) |
| Renter Occupied HU | 959 (17.0%) |
| Vacant Housing Units | 3,670 (65.2%) |
| Median Home Value | $647,028 |
| Average Home Value | $715,484 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
1,993
Multi-Family
30
Businesses
200
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Listed by: Howard Joh • Howard Realty
Mls Name: NJMLS
Mls ID: #26000165