527 8th 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 527 8th Avenue, Belmar, NJ, 07719 offers a 3.39% rental yield on a $1,290,000 purchase with $3,648/mo rent. 44% in year one. Equity gained on principal adds $8,324/yr while 5% annual appreciation supports $356,403 over five years. Portfolio math shows five-year ROI at 21.07% and total cumulative return in cash at $88,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,648/mo property income against a $6,314/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2,613 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: Kathleen Hobbs • RE/MAX Homeland Realtors
Mls Name: MoreMLS
Mls ID: #22529553