44 Charles CourtOceanNJ07712
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 Ocean at 44 Charles Court, Ocean, NJ, 07712 at $625,000 posts ROI 22.66% with $445/mo cash flow from $4,900/mo rent. Total monthly income equals $4,900/mo, and annual cash flow records $5,342/yr on $205,625 to close. Return on cash invested measures 22.66% and rental yield reads 9.41% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 118.81% and total cumulative return in cash totals $244,309.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,900/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1990
1,306 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacy Stefani • Jack Green Realty
Mls Name: MoreMLS
Mls ID: #22529089