312 Bunnell PlForked RiverNJ08731
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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 Forked River at 312 Bunnell Pl, Forked River, NJ, 08731 earns $573/mo cash flow from $3,068/mo rent with a $1,713/mo payment. Total monthly income totals $3,068/mo, and annual cash flow totals $6,880/yr on $116,025 capital. ROI tracks 25.84% on current figures, and rental yield reads 10.52% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 135.9% and total cumulative return in cash sums $157,682. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,068/mo property income instead of your personal income.
Single Family
Built in 1960
8,150 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: Mark J. Schmidt • RE/MAX COUNTRY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2514048R
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