52 Steeplechase CourtOceanportNJ07757
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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 Oceanport at 52 Steeplechase Court, Oceanport, NJ, 07757 with 5% annual appreciation on a $599,000 basis while $4,704/mo rent supports operations. Total monthly income totals $4,704/mo and a $2,932/mo payment preserves $47/mo for cash returns. Annual cash flow comes to $567/yr on $197,071 deployed, and return on cash invested reaches 20.35% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 9.42%. Five-year ROI measures 107.27% and total cumulative return in cash totals $211,402.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,704/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1985
2,613 sqft lot
$N/A/sqft
$387 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07757, Oceanport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 1,997 (79.8%) |
| Renter Occupied HU | 385 (15.4%) |
| Vacant Housing Units | 121 ( 4.8%) |
| Median Home Value | $790,812 |
| Average Home Value | $898,702 |
Housing Distribution
Address Breakdown
Residential
2,417
Single Family
2,234
Multi-Family
183
Businesses
183
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Listed by: David Giuliano • Heritage House Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507015
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