368 Volley CourtWall TownshipNJ07719
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
Rental property for sale in Wall Township at 368 Volley Court, Wall Township, NJ, 07719 offers $4,543/mo rent that, after a $2,692/mo payment, leaves $296/mo cash flow. Total monthly income is $4,543/mo, and annual cash flow is $3,548/yr on $180,950 cash. Return on cash invested measures 22.02% in year one, and rental yield stands at 9.91% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 116.17% and total cumulative return in cash reaches $210,202. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,543/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1997
871.20 sqft lot
$N/A/sqft
$327 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07719, Belmar, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,164 (100%) |
| Owner Occupied HU | 6,722 (60.2%) |
| Renter Occupied HU | 2,565 (23.0%) |
| Vacant Housing Units | 1,877 (16.8%) |
| Median Home Value | $785,079 |
| Average Home Value | $830,829 |
Housing Distribution
Address Breakdown
Residential
10,145
Single Family
9,362
Multi-Family
783
Businesses
1,118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Archer • RE/MAX Revolution
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515654
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.