45 Sampson Avenue UNIT 11Seaside HeightsNJ08751
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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 Heights at 45 Sampson Avenue UNIT 11, Seaside Heights, NJ, 08751 uses $99,450 cash to close to unlock $3,696/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $2,446/mo, and a $1,468/mo payment keeps the spread at $308/mo. Purchase price stands at $299,999, and rental yield measures 9.78% with $2,446/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 123.99% and total cumulative return in cash records $123,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,446/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08751, Seaside Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,631 (100%) |
| Owner Occupied HU | 1,002 (17.8%) |
| Renter Occupied HU | 959 (17.0%) |
| Vacant Housing Units | 3,670 (65.2%) |
| Median Home Value | $647,028 |
| Average Home Value | $715,484 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
1,993
Multi-Family
30
Businesses
200
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Listed by: Karin Farley • Keller Williams Shore Properties
Mls Name: MOMLS
Mls ID: #22519293