308 Sanderling Ln #308PleasantvilleNJ08232
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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 Pleasantville at 308 Sanderling Ln #308, Pleasantville, NJ, 08232 uses $131,937 cash to close to unlock $9,278/yr annual cash flow and $773/mo monthly cash flow. Total monthly income runs $3,610/mo, and a $1,948/mo payment keeps the spread at $773/mo. Purchase price stands at $398,000, and rental yield measures 10.88% with $3,610/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 141.8% and total cumulative return in cash records $187,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,610/mo property income covering a $1,948/mo payment rather than investor’s personal income.
Townhouse
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08232, Pleasantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,662 (100%) |
| Owner Occupied HU | 3,379 (44.1%) |
| Renter Occupied HU | 3,760 (49.1%) |
| Vacant Housing Units | 523 ( 6.8%) |
| Median Home Value | $257,981 |
| Average Home Value | $336,699 |
Housing Distribution
Address Breakdown
Residential
6,651
Single Family
6,029
Multi-Family
622
Businesses
674
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Listed by: Amanda Hertel • Keller Williams Realty Jersey Shore-Ocean City
Mls Name: SJSRMLS
Mls ID: #603860