505 Radovan AvenueBayvilleNJ08721
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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 Bayville at 505 Radovan Avenue, Bayville, NJ, 08721 listed at $575,000 pairs $4,526/mo rent with a $2,814/mo payment to leave $428/mo cash flow. Total monthly income runs $4,526/mo, and annual cash flow reaches $5,134/yr on $189,175 cash to close. Return on cash invested measures 22.77% in year one, and rental yield registers 9.45% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 119.41% and total cumulative return in cash totals $225,887. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,526/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
0.34 Acres 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: Elizabeth M Callaghan • DeFelice Realty Group, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22517969
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.