514 7th AvenueBelmarNJ07719
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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 Belmar at 514 7th Avenue, Belmar, NJ, 07719 offers a 2.54% rental yield on a $1,599,000 purchase with $3,379/mo rent. 8% in year one. Equity gained on principal adds $10,318/yr while 5% annual appreciation supports $441,774 over five years. Portfolio math shows five-year ROI at 6.88% and total cumulative return in cash at $35,629. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,379/mo property income against a $7,826/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07719, Belmar, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,164 (100%) |
| Owner Occupied HU | 6,722 (60.2%) |
| Renter Occupied HU | 2,565 (23.0%) |
| Vacant Housing Units | 1,877 (16.8%) |
| Median Home Value | $785,079 |
| Average Home Value | $830,829 |
Housing Distribution
Address Breakdown
Residential
10,145
Single Family
9,362
Multi-Family
783
Businesses
1,118
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Listed by: Patricia Sharin • Diane Turton, Realtors-Sea Girt
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511763
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.