2809 Roosevelt StreetWall TownshipNJ07719
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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
Investment property for sale in Wall Township at 2809 Roosevelt Street, Wall Township, NJ, 07719 uses $179,305 cash to close to unlock $22/yr annual cash flow and $2/mo monthly cash flow. Total monthly income runs $3,887/mo, and a $2,668/mo payment keeps the spread at $2/mo. Purchase price stands at $545,000, and rental yield measures 8.56% with $3,887/mo rent. Return on cash invested shows 20.07% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 104.93% and total cumulative return in cash records $188,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,887/mo property income covering a $2,668/mo payment rather than investor’s personal income.
Single Family
Built in 1965
10,018 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
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Listed by: Megan Schell Schnurr • Keller Williams Realty Spring Lake
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22527782
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.