4 McDonald DrOcean ViewNJ08230
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
Total monthly income runs $1,770/mo, and a $1,273/mo payment. Purchase price stands at $260,000, and rental yield measures 8.17% with $1,770/mo rent. Return on cash invested shows 18.74% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 97.86% and total cumulative return in cash records $84,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08230, Ocean View, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,885 (100%) |
| Owner Occupied HU | 2,248 (77.9%) |
| Renter Occupied HU | 215 ( 7.5%) |
| Vacant Housing Units | 422 (14.6%) |
| Median Home Value | $504,666 |
| Average Home Value | $569,691 |
Housing Distribution
Address Breakdown
Residential
2,441
Single Family
2,441
Multi-Family
0
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JACQUELINE ANDREWS • CASA BELLA REALTORS
Mls Name: SJSRMLS
Mls ID: #603237