35 Evergreen DrOcean ViewNJ08230
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
Investment property for sale in Ocean View at 35 Evergreen Dr, Ocean View, NJ, 08230 at $357,000 posts ROI 24.25% with $428/mo cash flow from $2,972/mo rent. Total monthly income equals $2,972/mo, and annual cash flow records $5,132/yr on $118,346 to close. Return on cash invested measures 24.25% and rental yield reads 9.99% at the current $357,000. Equity gained on principal adds $2,304/yr, and 5% annual appreciation supports $98,633 by year five. Five-year ROI prints 127.33% and total cumulative return in cash totals $150,688.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,972/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08230, Ocean View, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,885 (100%) |
| Owner Occupied HU | 2,248 (77.9%) |
| Renter Occupied HU | 215 ( 7.5%) |
| Vacant Housing Units | 422 (14.6%) |
| Median Home Value | $504,666 |
| Average Home Value | $569,691 |
Housing Distribution
Address Breakdown
Residential
2,441
Single Family
2,441
Multi-Family
0
Businesses
237
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Nearby investment properties with comparable prices
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