420 8th Street UNIT 2Beach HavenNJ08008
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Beach Haven at 420 8th Street UNIT 2, Beach Haven, NJ, 08008 listed at $1,245,000 pairs $4,679/mo rent with a $6,094/mo payment. Total monthly income runs $4,679/mo. Return on cash invested measures 6.15% in year one, and rental yield registers 4.51% at a $1,245,000 basis. Equity gained on principal adds $8,034/yr, and annual property appreciation at 5% supports $343,971 by year five. Five-year ROI tracks 30.85% and total cumulative return in cash totals $124,432. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,679/mo property income relative to a $6,094/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1993
1,742 sqft lot
$N/A/sqft
$585 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08008, Beach Haven, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,536 (100%) |
| Owner Occupied HU | 3,172 (18.1%) |
| Renter Occupied HU | 428 ( 2.4%) |
| Vacant Housing Units | 13,936 (79.5%) |
| Median Home Value | $990,030 |
| Average Home Value | $1,171,197 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
4,552
Multi-Family
9
Businesses
605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roberta Brackman • Berkshire Hathaway HomeServices Zack Shore Realtors
Mls Name: MOMLS
Mls Provider:
Mls ID: #22500347
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.