300 Ocean Ave #D-7AOcean CityNJ08226
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
Investment property for sale in Ocean City at 300 Ocean Ave #D-7A, Ocean City, NJ, 08226 at $229,900 posts ROI 12.71% with from $1,787/mo rent. Total monthly income equals $1,787/mo. Return on cash invested measures 12.71% and rental yield reads 9.33% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 68.93% and total cumulative return in cash totals $52,535. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,787/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in N/A
N/A lot
$N/A/sqft
$606 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08226, Ocean City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,442 (100%) |
| Owner Occupied HU | 4,123 (19.2%) |
| Renter Occupied HU | 1,589 ( 7.4%) |
| Vacant Housing Units | 15,730 (73.4%) |
| Median Home Value | $843,777 |
| Average Home Value | $1,010,518 |
Housing Distribution
Address Breakdown
Residential
11,430
Single Family
10,609
Multi-Family
821
Businesses
871
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Quintin • eXp REALTY
Mls Name: CMCAOR
Mls Provider:
Mls ID: #243604
Disclaimer: Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.