550 Crestview TerracePoint Pleasant BeachNJ08742
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
Total monthly income runs $3,124/mo, and a $2,716/mo payment. Purchase price stands at $555,000, and rental yield measures 6.75% with $3,124/mo rent. Return on cash invested shows 14.6% in year one, and 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 75.57% and total cumulative return in cash records $137,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,124/mo property income covering a $2,716/mo payment rather than investor’s personal income.
Single Family
Built in 1970
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Rogers • Diane Turton, Realtors-Point Pleasant Boro
Mls Name: MoreMLS
Mls ID: #22532307