46 Pheasant DriveBayvilleNJ08721
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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
Rental property for sale in Bayville at 46 Pheasant Drive, Bayville, NJ, 08721 priced at $427,500 converts $3,242/mo rent into $195/mo cash flow after a $2,092/mo obligation. Total monthly income equals $3,242/mo, and annual cash flow totals $2,343/yr on $141,716 invested. Return on cash invested prints 21.56% in year one, and rental yield reads 9.1% against a $427,500 entry. Equity gained on principal adds $2,759/yr, while 5% annual appreciation compiles into $118,110 by year five. Five-year ROI reaches 112.95% and total cumulative return in cash sums $160,066. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,242/mo property income covering a $2,092/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08721, Bayville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 7,129 (74.1%) |
| Renter Occupied HU | 1,504 (15.6%) |
| Vacant Housing Units | 986 (10.3%) |
| Median Home Value | $471,653 |
| Average Home Value | $536,444 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,902
Multi-Family
0
Businesses
409
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Listed by: Kevin Feehan • RE/MAX Revolution
Mls Name: MoreMLS
Mls ID: #22530931