54 Tarpon Drive UNIT 5004Sea GirtNJ08750
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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
Investment property for sale in Sea Girt at 54 Tarpon Drive UNIT 5004, Sea Girt, NJ, 08750 listed at $650,000 pairs $3,597/mo rent with a $3,181/mo payment. Total monthly income runs $3,597/mo. Return on cash invested measures 12.64% in year one, and rental yield registers 6.64% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 65.65% and total cumulative return in cash totals $140,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,597/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1991
N/A lot
$N/A/sqft
$860 quarterly 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
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Listed by: Heather Garrett-Muly • Keller Williams Realty Spring Lake
Mls Name: MOMLS
Mls Provider:
Mls ID: #22517115
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