308 Port Au Peck AvenueOceanportNJ07757
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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 Oceanport at 308 Port Au Peck Avenue, Oceanport, NJ, 07757 offers $7,405/mo rent that, after a $5,869/mo payment. Total monthly income is $7,405/mo. Return on cash invested measures 16.84% in year one, and rental yield stands at 7.41% at a $1,199,000 entry. Equity gained on principal adds $7,737/yr while 5% annual appreciation compounds into $331,262 by year five. Five-year ROI records 87.57% and total cumulative return in cash reaches $340,173. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,405/mo property income versus a $5,869/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07757, Oceanport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 1,997 (79.8%) |
| Renter Occupied HU | 385 (15.4%) |
| Vacant Housing Units | 121 ( 4.8%) |
| Median Home Value | $790,812 |
| Average Home Value | $898,702 |
Housing Distribution
Address Breakdown
Residential
2,417
Single Family
2,234
Multi-Family
183
Businesses
183
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Listed by: Judith Martinelly • Brokers 3 Realtors
Mls Name: MOMLS
Mls Provider:
Mls ID: #22428965
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.