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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $2,743/mo, and a $1,982/mo payment. Purchase price stands at $405,000, and rental yield measures 8.13% with $2,743/mo rent. Return on cash invested shows 15.38% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 80.98% and total cumulative return in cash records $108,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,743/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Condo
Built in 1984
0.31 Acres lot
$N/A/sqft
$1,088 quarterly HOA
Neighborhood data shown for ZIP Code: 07762, Spring Lake, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,755 (100%) |
| Owner Occupied HU | 2,831 (49.2%) |
| Renter Occupied HU | 1,406 (24.4%) |
| Vacant Housing Units | 1,518 (26.4%) |
| Median Home Value | $888,913 |
| Average Home Value | $1,183,369 |
Residential
5,253
Single Family
4,594
Multi-Family
659
Businesses
476
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Listing removed | $2,450 |
| 2025-07-07 | Sold | $405,000 |
| 2025-07-07 | Listed for rent | $2,450 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Robert Kilbride • Compass New Jersey, LLC
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22512391
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
