502 Bay BoulevardSeaside HeightsNJ08751
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 Seaside Heights at 502 Bay Boulevard, Seaside Heights, NJ, 08751 at $899,900 posts ROI 23.86% with $937/mo cash flow from $7,352/mo rent. Total monthly income equals $7,352/mo, and annual cash flow records $11,247/yr on $296,067 to close. Return on cash invested measures 23.86% and rental yield reads 9.8% at the current $899,900. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,626 by year five. Five-year ROI prints 125.24% and total cumulative return in cash totals $370,792.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,352/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
2,000 sqft 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: Michael Loundy • Seaside Heights Realty Inc.
Mls Name: MOMLS
Mls Provider:
Mls ID: #22329491
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.