611 Boulton AvePoint Pleasant BeachNJ08742
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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 Point Pleasant Beach at 611 Boulton Ave, Point Pleasant Beach, NJ, 08742 with 5% annual appreciation on a $680,000 basis while $5,046/mo rent supports operations. Total monthly income totals $5,046/mo and a $3,328/mo payment preserves $199/mo for cash returns. Annual cash flow comes to $2,392/yr on $223,720 deployed, and return on cash invested reaches 21.13% in year one. Equity gained on principal adds $4,388/yr, and five-year appreciation sums $187,871 alongside rental yield of 8.9%. Five-year ROI measures 110.6% and total cumulative return in cash totals $247,440.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,046/mo property income versus a $3,328/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
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Listed by: Maria Gailey • Fathom Realty NJ, LLC
Mls Name: Bright MLS
Mls ID: #NJOC2038524