25 E 23rd Street UNIT 2Beach HavenNJ08008
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 25 E 23rd Street UNIT 2, Beach Haven, NJ, 08008 in Beach Haven at $679,000. Rental yield 6.17%. The 6.17% yield and 1.14 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $187,595 by year five, and $6,254/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $161,538.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.2% |
| Monthly Cash Flow | $(1,548) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,491 |
| Total Monthly Debt Service | $4,769 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1954
3,920 sqft lot
$N/A/sqft
$2,389 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08008, Beach Haven, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,536 (100%) |
| Owner Occupied HU | 3,172 (18.1%) |
| Renter Occupied HU | 428 ( 2.4%) |
| Vacant Housing Units | 13,936 (79.5%) |
| Median Home Value | $990,030 |
| Average Home Value | $1,171,197 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
4,552
Multi-Family
9
Businesses
605
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
Condo
Built in 1954
3,920 sqft lot
$N/A/sqft
$2,389 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08008, Beach Haven, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,536 (100%) |
| Owner Occupied HU | 3,172 (18.1%) |
| Renter Occupied HU | 428 ( 2.4%) |
| Vacant Housing Units | 13,936 (79.5%) |
| Median Home Value | $990,030 |
| Average Home Value | $1,171,197 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
4,552
Multi-Family
9
Businesses
605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Mullaney • Weichert Realtors-Ship Bottom
Mls Name: MOMLS
Mls Provider:
Mls ID: #22432909
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.