45 15th AvenueSeaside ParkNJ08752
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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
Investment property for sale in Seaside Park at 45 15th Avenue, Seaside Park, NJ, 08752 earns from $1,939/mo rent with a $1,463/mo payment. Total monthly income totals $1,939/mo. ROI tracks 15.35% on current figures, and rental yield reads 7.78% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 80.46% and total cumulative return in cash sums $79,750. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,939/mo property income instead of your personal income.
Condo
Built in 1975
871.20 sqft lot
$N/A/sqft
$554 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08752, Seaside Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,093 (100%) |
| Owner Occupied HU | 831 (20.3%) |
| Renter Occupied HU | 261 ( 6.4%) |
| Vacant Housing Units | 3,001 (73.3%) |
| Median Home Value | $814,611 |
| Average Home Value | $872,178 |
Housing Distribution
Address Breakdown
Residential
1,688
Single Family
1,665
Multi-Family
23
Businesses
112
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Listed by: Kenneth Decarlo • Crossroads Realty Inc-Lavallette
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515995
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.