519 Admirals CirclePine BeachNJ08741
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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 Pine Beach at 519 Admirals Circle, Pine Beach, NJ, 08741 priced at $800,000 converts $6,222/mo rent into $519/mo cash flow after a $3,916/mo obligation. Total monthly income equals $6,222/mo, and annual cash flow totals $6,232/yr on $263,200 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 9.33% against a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,025 by year five. Five-year ROI reaches 117.56% and total cumulative return in cash sums $309,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,222/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08741, Pine Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,190 (100%) |
| Owner Occupied HU | 900 (75.6%) |
| Renter Occupied HU | 186 (15.6%) |
| Vacant Housing Units | 104 ( 8.7%) |
| Median Home Value | $551,408 |
| Average Home Value | $605,528 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
70
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Listed by: Lorraine F Petersen • RE/MAX at Barnegat Bay
Mls Name: MOMLS
Mls Provider:
Mls ID: #22424651
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.