557 Motor RoadPine BeachNJ08741
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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 Pine Beach at 557 Motor Road, Pine Beach, NJ, 08741 priced at $740,000 converts $3,924/mo rent into after a $3,622/mo obligation. Total monthly income equals $3,924/mo. Return on cash invested prints 13.4% in year one, and rental yield reads 6.36% against a $740,000 entry. Equity gained on principal adds $4,775/yr, while 5% annual appreciation compiles into $204,448 by year five. Five-year ROI reaches 69.17% and total cumulative return in cash sums $168,394. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,924/mo property income covering a $3,622/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08741, Pine Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,190 (100%) |
| Owner Occupied HU | 900 (75.6%) |
| Renter Occupied HU | 186 (15.6%) |
| Vacant Housing Units | 104 ( 8.7%) |
| Median Home Value | $551,408 |
| Average Home Value | $605,528 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
70
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Listed by: Lorraine F Petersen • RE/MAX at Barnegat Bay
Mls Name: MoreMLS
Mls ID: #22532113