54 Franklin AvenueSeaside HeightsNJ08751
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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
Rental property for sale in Seaside Heights at 54 Franklin Avenue, Seaside Heights, NJ, 08751 priced at $1,199,900 converts $5,678/mo rent into after a $5,873/mo obligation. Total monthly income equals $5,678/mo. Return on cash invested prints 11.5% in year one, and rental yield reads 5.68% against a $1,199,900 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,510 by year five. Five-year ROI reaches 58.9% and total cumulative return in cash sums $228,976. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,678/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 2025
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08751, Seaside Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,631 (100%) |
| Owner Occupied HU | 1,002 (17.8%) |
| Renter Occupied HU | 959 (17.0%) |
| Vacant Housing Units | 3,670 (65.2%) |
| Median Home Value | $647,028 |
| Average Home Value | $715,484 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
1,993
Multi-Family
30
Businesses
200
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Listed by: Betty Meseroll • Seaside Heights Realty Inc.
Mls Name: MoreMLS
Mls ID: #22525865