606 W Ocean Heights AveLinwoodNJ08221
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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 Linwood at 606 W Ocean Heights Ave, Linwood, NJ, 08221 offers $2,545/mo rent that, after a $1,835/mo payment. Total monthly income is $2,545/mo. Return on cash invested measures 18.68% in year one, and rental yield stands at 8.14% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 97.48% and total cumulative return in cash reaches $121,179. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,545/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1860
0.60 Acres lot
$N/A/sqft
No HOA
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Listed by: Kate Griko • OCF Realty LLC - Margate
Mls Name: Bright MLS
Mls ID: #NJAC2022236