3512 Central AveOcean CityNJ08226
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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 Ocean City at 3512 Central Ave, Ocean City, NJ, 08226 at $1,379,900 posts ROI 4.01% with from $3,739/mo rent. Total monthly income equals $3,739/mo. Return on cash invested measures 4.01% and rental yield reads 3.25% at the current $1,379,900. Equity gained on principal adds $8,904/yr, and 5% annual appreciation supports $381,241 by year five. Five-year ROI prints 18.73% and total cumulative return in cash totals $83,733. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,739/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08226, Ocean City, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,430
Single Family
10,609
Multi-Family
821
Businesses
871
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Listed by: Peter Adams • Compass New Jersey-Ocean City
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #586696
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.