616 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 616 W Ocean Heights Ave, Linwood, NJ, 08221 generates $3,601/mo in rent, after a $2,936/mo payment. Total monthly income is $3,601/mo. Return on cash invested sits at 15.96% in year one, and rental yield is 7.2% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 82.87% and total cumulative return in cash sums $163,552. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,601/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.53 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: KAYLA NOLL • Compass New Jersey-Ocean City (O463E)
Mls Name: SJSRMLS
Mls ID: #603481