234 Central AveOcean CityNJ08226
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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 Ocean City at 234 Central Ave, Ocean City, NJ, 08226 with 5% annual appreciation on a $1,975,000 basis while $6,474/mo rent supports operations. 11% in year one. Equity gained on principal adds $12,744/yr, and five-year appreciation sums $545,656 alongside rental yield of 3.93%. Five-year ROI measures 30.01% and total cumulative return in cash totals $192,054. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,474/mo property income versus a $9,667/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08226, Ocean City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,442 (100%) |
| Owner Occupied HU | 4,123 (19.2%) |
| Renter Occupied HU | 1,589 ( 7.4%) |
| Vacant Housing Units | 15,730 (73.4%) |
| Median Home Value | $843,777 |
| Average Home Value | $1,010,518 |
Housing Distribution
Address Breakdown
Residential
11,430
Single Family
10,609
Multi-Family
821
Businesses
871
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Listed by: KEVIN REDMOND • LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #600005
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. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.