410 Merion 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 410 Merion Avenue, Pine Beach, NJ, 08741 priced at $525,000 converts $3,522/mo rent into after a $2,570/mo obligation. Total monthly income equals $3,522/mo. Return on cash invested prints 18.53% in year one, and rental yield reads 8.05% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 96.66% and total cumulative return in cash sums $166,953. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,522/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1986
9,583 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: Kathleen Russello • Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Mls Name: MOMLS
Mls Provider:
Mls ID: #22506777
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.