40 Dwight DriveOceanNJ07712
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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 Ocean at 40 Dwight Drive, Ocean, NJ, 07712 with 5% annual appreciation on a $999,999 basis while $3,712/mo rent supports operations. 6% in year one. Equity gained on principal adds $6,453/yr, and five-year appreciation sums $276,281 alongside rental yield of 4.45%. Five-year ROI measures 38.06% and total cumulative return in cash totals $125,211. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,712/mo property income versus a $4,895/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07712, Asbury Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,067 (100%) |
| Owner Occupied HU | 8,930 (44.5%) |
| Renter Occupied HU | 9,346 (46.6%) |
| Vacant Housing Units | 1,791 ( 8.9%) |
| Median Home Value | $657,840 |
| Average Home Value | $712,237 |
Housing Distribution
Address Breakdown
Residential
18,546
Single Family
14,594
Multi-Family
3,952
Businesses
1,468
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Listed by: Elizabeth Justin • Berkshire Hathaway HomeServices Fox & Roach - Ocean
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515877
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.