609 Beach AvenueBeachwoodNJ08722
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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
Investment property for sale in Beachwood at 609 Beach Avenue, Beachwood, NJ, 08722 at $349,000 posts ROI 25.84% with $572/mo cash flow from $3,059/mo rent. Total monthly income equals $3,059/mo, and annual cash flow records $6,859/yr on $115,694 to close. Return on cash invested measures 25.84% and rental yield reads 10.52% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 135.88% and total cumulative return in cash totals $157,200.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,059/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08722, Beachwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,961 (100%) |
| Owner Occupied HU | 3,406 (86.0%) |
| Renter Occupied HU | 437 (11.0%) |
| Vacant Housing Units | 118 ( 3.0%) |
| Median Home Value | $353,598 |
| Average Home Value | $387,689 |
Housing Distribution
Address Breakdown
Residential
3,877
Single Family
3,877
Multi-Family
0
Businesses
161
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Listed by: Adam Reynolds • Riptide Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22435087
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.