367 Eastern BoulevardBayvilleNJ08721
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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 367 Eastern Boulevard, Bayville, NJ, 08721 earns $1,265/mo cash flow from $6,681/mo rent with a $3,719/mo payment. Total monthly income totals $6,681/mo, and annual cash flow totals $15,179/yr on $250,007 capital. ROI tracks 26.13% on current figures, and rental yield reads 10.55% at a $759,900 purchase. Equity gained on principal adds $4,904/yr, and 5% annual appreciation supports $209,946 over five years. Five-year ROI reaches 137.41% and total cumulative return in cash sums $343,542. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,681/mo property income instead of your personal income.
Single Family
Built in N/A
10,000 sqft 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: Natalia Korolyanchuk • Better Homes and Gardens Real Estate Murphy & Co
Mls Name: MOMLS
Mls Provider:
Mls ID: #22501623
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.