26 Sloop Creek RoadBayvilleNJ08721
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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
Rental property for sale in Bayville at 26 Sloop Creek Road, Bayville, NJ, 08721 generates $5,826/mo in rent and, after a $3,177/mo payment, leaves $1,200/mo in cash flow. Total monthly income is $5,826/mo, and annual cash flow is $14,395/yr on $213,521 invested. Return on cash invested sits at 26.8% in year one, and rental yield is 10.77% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 141.01% and total cumulative return in cash sums $301,092. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,826/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08721, Bayville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 7,129 (74.1%) |
| Renter Occupied HU | 1,504 (15.6%) |
| Vacant Housing Units | 986 (10.3%) |
| Median Home Value | $471,653 |
| Average Home Value | $536,444 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,902
Multi-Family
0
Businesses
409
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Listed by: Errin Darling-Pennell • Crossroads Realty Inc-Lavallette
Mls Name: MOMLS
Mls Provider:
Mls ID: #22509597
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.