38 Symphony AvenueBayvilleNJ08721
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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 38 Symphony Avenue, Bayville, NJ, 08721 with 5% annual appreciation on a $485,000 basis while $4,099/mo rent supports operations. Total monthly income totals $4,099/mo and a $2,374/mo payment preserves $642/mo for cash returns. Annual cash flow comes to $7,702/yr on $160,778 deployed, and return on cash invested reaches 24.7% in year one. Equity gained on principal adds $3,130/yr, and five-year appreciation sums $133,997 alongside rental yield of 10.14%. Five-year ROI measures 129.76% and total cumulative return in cash totals $208,622.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,099/mo property income versus a $2,374/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
6,098 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: Neal Antonelli • Coldwell Banker Flanagan Rlty
Mls Name: MoreMLS
Mls ID: #22601621