3431 Bridge Avenue #2Point Pleasant BeachNJ08742








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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 Point Pleasant Beach at 3431 Bridge Avenue #2, Point Pleasant Beach, NJ, 08742 offers a 10.4% rental yield on a $359,999 purchase with $3,121/mo rent. Total monthly income registers $3,121/mo, and a $1,762/mo payment leaves $555/mo available for distribution. Annual cash flow reaches $6,660/yr on $119,340 to close, and return on cash invested stands at 25.49% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 133.97% and total cumulative return in cash at $159,885. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,121/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
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Listed by: Michelle C Gomez • Keller Williams Realty Central Monmouth
Mls Name: MoreMLS
Mls ID: #22536477








