275 Tennis CourtWall TownshipNJ07719
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 Wall Township at 275 Tennis Court, Wall Township, NJ, 07719 priced at $649,000 pairs $4,288/mo rent with after a $3,177/mo payment. Total monthly income equals $4,288/mo. Return on cash invested is 18.16% in year one, and rental yield stands at 7.93% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 94.66% and total cumulative return in cash reaches $202,128. For financing, Ziffy Mortgage’s DSCR program evaluates $4,288/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1996
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07719, Belmar, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,164 (100%) |
| Owner Occupied HU | 6,722 (60.2%) |
| Renter Occupied HU | 2,565 (23.0%) |
| Vacant Housing Units | 1,877 (16.8%) |
| Median Home Value | $785,079 |
| Average Home Value | $830,829 |
Housing Distribution
Address Breakdown
Residential
10,145
Single Family
9,362
Multi-Family
783
Businesses
1,118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth M Sarre • Salt and Cedar Properties, LLC
Mls Name: MoreMLS
Mls ID: #22602726