580 E Main Street #4ManasquanNJ08736
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 $5,280/mo, and a $5,384/mo payment. Purchase price stands at $1,100,000, and rental yield measures 5.76% with $5,280/mo rent. Return on cash invested shows 11.75% in year one, and 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 60.25% and total cumulative return in cash records $214,723. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,280/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Condo
Built in 2005
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08736, Manasquan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,356 (100%) |
| Owner Occupied HU | 4,432 (69.7%) |
| Renter Occupied HU | 817 (12.9%) |
| Vacant Housing Units | 1,107 (17.4%) |
| Median Home Value | $865,375 |
| Average Home Value | $943,515 |
Housing Distribution
Address Breakdown
Residential
5,692
Single Family
5,642
Multi-Family
50
Businesses
869
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tamara Johnston • Ward Wight Sotheby's International Realty
Mls Name: MoreMLS
Mls ID: #22529647