343 Clifton AvenueBayvilleNJ08721
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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 Bayville at 343 Clifton Avenue, Bayville, NJ, 08721 listed at $469,000 pairs $3,269/mo rent with a $2,296/mo payment. Total monthly income runs $3,269/mo. Return on cash invested measures 19.33% in year one, and rental yield registers 8.36% at a $469,000 basis. Equity gained on principal adds $3,026/yr, and annual property appreciation at 5% supports $129,576 by year five. Five-year ROI tracks 100.99% and total cumulative return in cash totals $157,015. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,269/mo property income relative to a $2,296/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.34 Acres 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
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Listed by: Linda Riddle • Keller Williams Preferred Properties,Bayville
Mls Name: MOMLS
Mls ID: #22519708