303 Arnold AvenuePoint Pleasant BeachNJ08742
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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 Point Pleasant Beach at 303 Arnold Avenue, Point Pleasant Beach, NJ, 08742 offers $3,046/mo rent that, after a $4,772/mo payment. Total monthly income is $3,046/mo. Return on cash invested measures 5.46% in year one, and rental yield stands at 3.75% at a $975,000 entry. Equity gained on principal adds $6,292/yr while 5% annual appreciation compounds into $269,375 by year five. Five-year ROI records 26.55% and total cumulative return in cash reaches $85,179. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,046/mo property income versus a $4,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1945
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
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Listed by: Mary Bianchi • Realty One Group Emerge
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511213
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.