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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Forked River at 31 Arborridge Drive, Forked River, NJ, 08731 offers $3,763/mo rent that, after a $3,519/mo payment. Total monthly income is $3,763/mo. Return on cash invested measures 11.81% in year one, and rental yield stands at 6.28% at a $719,000 entry. Equity gained on principal adds $4,640/yr while 5% annual appreciation compounds into $198,646 by year five. Five-year ROI records 61.11% and total cumulative return in cash reaches $144,545. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,763/mo property income versus a $3,519/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
6,969 sqft lot
$N/A/sqft
$265 monthly HOA
Neighborhood data shown for ZIP Code: 08731, Forked River, NJ area.
| 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 |
Residential
9,457
Single Family
9,457
Multi-Family
0
Businesses
610
Date | Event | Price |
|---|---|---|
| 2025-09-02 | Listed for sale | $719,000 |
| 2010-08-24 | Sold | $338,490 |
| 2010-06-09 | Price change | $339,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-02 | $8620.96 | 1.76% | $392,000 | N/A |
| 2022-09-02 | $8472.00 | N/A | $392,000 | N/A |
| 2021-09-02 | $8472.00 | 5.31% | $392,000 | N/A |
What's Special
Attic
Listed by: Carol L Whitmore • Coldwell Banker Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22526218
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.
