641 Ship 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 641 Ship Avenue, Beachwood, NJ, 08722 with 5% annual appreciation on a $494,990 basis while $3,900/mo rent supports operations. Total monthly income totals $3,900/mo and a $2,423/mo payment preserves $372/mo for cash returns. Annual cash flow comes to $4,458/yr on $164,089 deployed, and return on cash invested reaches 22.63% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,757 alongside rental yield of 9.45%. Five-year ROI measures 118.64% and total cumulative return in cash totals $194,683.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,900/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.28 Acres 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: Rosita Isales • RE/MAX Select
Mls Name: MoreMLS
Mls ID: #22532064