320 Pennsylvania AvenuePine BeachNJ08741
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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
Rental property for sale in Pine Beach at 320 Pennsylvania Avenue, Pine Beach, NJ, 08741 priced at $595,000 pairs $4,306/mo rent with $65/mo cash flow after a $2,912/mo payment. Total monthly income equals $4,306/mo, and annual cash flow comes to $782/yr on $195,755 invested. Return on cash invested is 20.46% in year one, and rental yield stands at 8.68% on a $595,000 basis. Equity gained on principal adds $3,839/yr, and 5% annual appreciation accumulates to $164,388 by year five. Five-year ROI measures 107.02% and total cumulative return in cash reaches $209,498. For financing, Ziffy Mortgage’s DSCR program evaluates $4,306/mo property income against a $2,912/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08741, Pine Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,190 (100%) |
| Owner Occupied HU | 900 (75.6%) |
| Renter Occupied HU | 186 (15.6%) |
| Vacant Housing Units | 104 ( 8.7%) |
| Median Home Value | $551,408 |
| Average Home Value | $605,528 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
70
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Listed by: Isaac Neiman • Crossroads Realty Sapphire Group
Mls Name: MoreMLS
Mls ID: #22524339