400 Huntington AvenuePine BeachNJ08741
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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
Rental property for sale in Pine Beach at 400 Huntington Avenue, Pine Beach, NJ, 08741 priced at $375,000 converts $2,625/mo rent into after a $1,835/mo obligation. Total monthly income equals $2,625/mo. Return on cash invested prints 19.45% in year one, and rental yield reads 8.4% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 101.62% and total cumulative return in cash sums $126,327. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,625/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1955
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08741, Pine Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,190 (100%) |
| Owner Occupied HU | 900 (75.6%) |
| Renter Occupied HU | 186 (15.6%) |
| Vacant Housing Units | 104 ( 8.7%) |
| Median Home Value | $551,408 |
| Average Home Value | $605,528 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
70
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Listed by: Shlomo Wilner • Crossroads Realty Sapphire Group
Mls Name: MoreMLS
Mls ID: #22535015