3911 Herbertsville RoadPoint Pleasant BeachNJ08742
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 Point Pleasant Beach at 3911 Herbertsville Road, Point Pleasant Beach, NJ, 08742 uses $197,071 cash to close to unlock $7,167/yr annual cash flow and $597/mo monthly cash flow. Total monthly income runs $4,867/mo, and a $2,932/mo payment keeps the spread at $597/mo. Purchase price stands at $599,000, and rental yield measures 9.75% with $4,867/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 124.38% and total cumulative return in cash records $245,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,867/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 2008
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Mclain • Real Broker, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515592
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.