2404 Riverside TerraceWall TownshipNJ08736
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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
Total monthly income runs $6,560/mo, and a $6,363/mo payment. Purchase price stands at $1,299,999, and rental yield measures 6.06% with $6,560/mo rent. Return on cash invested shows 12.66% in year one, and 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 65.13% and total cumulative return in cash records $274,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,560/mo property income covering a $6,363/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08736, Manasquan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,356 (100%) |
| Owner Occupied HU | 4,432 (69.7%) |
| Renter Occupied HU | 817 (12.9%) |
| Vacant Housing Units | 1,107 (17.4%) |
| Median Home Value | $865,375 |
| Average Home Value | $943,515 |
Housing Distribution
Address Breakdown
Residential
5,692
Single Family
5,642
Multi-Family
50
Businesses
869
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Listed by: Kevin Stewart • Keller Williams Preferred Properties, Ship Bottom
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22517395
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