34 Dockage RoadBayvilleNJ08721
Nearby investment properties with comparable rents
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 Bayville at 34 Dockage Road, Bayville, NJ, 08721 generates $3,174/mo in rent and, after a $1,957/mo payment, leaves $324/mo in cash flow. Total monthly income is $3,174/mo, and annual cash flow is $3,887/yr on $132,567 invested. Return on cash invested sits at 22.84% in year one, and rental yield is 9.52% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 119.78% and total cumulative return in cash sums $158,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,174/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08721, Bayville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 7,129 (74.1%) |
| Renter Occupied HU | 1,504 (15.6%) |
| Vacant Housing Units | 986 (10.3%) |
| Median Home Value | $471,653 |
| Average Home Value | $536,444 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,902
Multi-Family
0
Businesses
409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Noelle Paschon • Paschon Realty LLC
Mls Name: MoreMLS
Mls ID: #22601368