304 Cyprus CourtForked RiverNJ08731
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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 Forked River at 304 Cyprus Court, Forked River, NJ, 08731 at $405,000 posts ROI 33.22% with $1,490/mo cash flow from $4,376/mo rent. Total monthly income equals $4,376/mo, and annual cash flow records $17,874/yr on $134,258 to close. Return on cash invested measures 33.22% and rental yield reads 12.97% at the current $405,000. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 by year five. Five-year ROI prints 175.48% and total cumulative return in cash totals $235,598.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,376/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08731, Forked River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,048 (100%) |
| Owner Occupied HU | 7,829 (77.9%) |
| Renter Occupied HU | 1,113 (11.1%) |
| Vacant Housing Units | 1,106 (11.0%) |
| Median Home Value | $461,309 |
| Average Home Value | $519,264 |
Housing Distribution
Address Breakdown
Residential
9,457
Single Family
9,457
Multi-Family
0
Businesses
610
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Listed by: Samantha Vallone • Natale Realtors
Mls Name: MoreMLS
Mls ID: #22533385