2410 Mark PlacePoint Pleasant BeachNJ08742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Point Pleasant Beach at 2410 Mark Place, Point Pleasant Beach, NJ, 08742 generates $5,950/mo in rent, after a $4,894/mo payment. Total monthly income is $5,950/mo. Return on cash invested sits at 15.77% in year one, and rental yield is 7.14% on a $999,950 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,268 over five years. Five-year ROI reaches 81.83% and total cumulative return in cash sums $269,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,950/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phyllis Bronzino • C21/ Solid Gold Realty
Mls Name: MoreMLS
Mls ID: #22527999