534 Washington Boulevard UNIT 9Sea GirtNJ08750
Nearby investment properties with comparable rents
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 Sea Girt at 534 Washington Boulevard UNIT 9, Sea Girt, NJ, 08750 priced at $749,999 pairs $2,911/mo rent with after a $3,671/mo payment. Total monthly income equals $2,911/mo. Return on cash invested is 6.85% in year one, and rental yield stands at 4.66% on a $749,999 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 34.49% and total cumulative return in cash reaches $85,097. For financing, Ziffy Mortgage’s DSCR program evaluates $2,911/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1965
435.60 sqft lot
$N/A/sqft
$282 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08750, Sea Girt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,289 (60.9%) |
| Renter Occupied HU | 225 (10.6%) |
| Vacant Housing Units | 602 (28.4%) |
| Median Home Value | $1,293,825 |
| Average Home Value | $1,407,836 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,888
Multi-Family
73
Businesses
299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary E Joyce • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MOMLS
Mls Provider:
Mls ID: #22422291
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.