405 Roosevelt AvenueOakhurstNJ07755
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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 Oakhurst at 405 Roosevelt Avenue, Oakhurst, NJ, 07755 priced at $1,300,000 converts $2,566/mo rent into after a $6,363/mo obligation. Total monthly income equals $2,566/mo. Return on cash invested prints 1.28% in year one, and rental yield reads 2.37% against a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. Five-year ROI reaches 4.11% and total cumulative return in cash sums $17,319. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,566/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.36 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Janet Harary • G & G Agency Inc
Mls Name: MOMLS
Mls Provider:
Mls ID: #22426556
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.