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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% |
Investment property for sale in Ocean City at 3408 Haven Ave APT 225, Ocean City, NJ, 08226 listed at $199,900 pairs $1,679/mo rent with a $978/mo payment to leave $255/mo cash flow. Total monthly income runs $1,679/mo, and annual cash flow reaches $3,055/yr on $66,267 cash to close. Return on cash invested measures 24.52% in year one, and rental yield registers 10.08% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 128.84% and total cumulative return in cash totals $85,381. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,679/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08226, Ocean City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,442 (100%) |
| Owner Occupied HU | 4,123 (19.2%) |
| Renter Occupied HU | 1,589 ( 7.4%) |
| Vacant Housing Units | 15,730 (73.4%) |
| Median Home Value | $843,777 |
| Average Home Value | $1,010,518 |
Residential
11,430
Single Family
10,609
Multi-Family
821
Businesses
871
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: JEFFREY QUINTIN • eXp Realty - Ocean City S382K
Mls Name: SJSRMLS
Mls ID: #603055
