4 Oyster Bay Rd APT LAbseconNJ08201
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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 Absecon at 4 Oyster Bay Rd APT L, Absecon, NJ, 08201 uses $59,339 cash to close to unlock $12,123/yr annual cash flow and $1,010/mo monthly cash flow. Total monthly income runs $2,286/mo, and a $876/mo payment keeps the spread at $1,010/mo. Purchase price stands at $179,000, and rental yield measures 15.33% with $2,286/mo rent. Return on cash invested shows 40.34% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 213.7% and total cumulative return in cash records $126,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,286/mo property income covering a $876/mo payment rather than investor’s personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
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Listed by: Leanne Timko • KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
Mls Name: SJSRMLS
Mls ID: #598665