66 Shrewsbury AvenueOceanportNJ07757
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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 Oceanport at 66 Shrewsbury Avenue, Oceanport, NJ, 07757 generates $8,588/mo in rent, after a $9,177/mo payment. Total monthly income is $8,588/mo. Return on cash invested sits at 10.93% in year one, and rental yield is 5.5% on a $1,875,000 entry. Equity gained on principal adds $12,099/yr, while 5% annual appreciation builds toward $518,028 over five years. Five-year ROI reaches 55.88% and total cumulative return in cash sums $339,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,588/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07757, Oceanport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 1,997 (79.8%) |
| Renter Occupied HU | 385 (15.4%) |
| Vacant Housing Units | 121 ( 4.8%) |
| Median Home Value | $790,812 |
| Average Home Value | $898,702 |
Housing Distribution
Address Breakdown
Residential
2,417
Single Family
2,234
Multi-Family
183
Businesses
183
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Listed by: Christine Trabattoni • Realty ONE Group Showcase
Mls Name: MoreMLS
Mls ID: #22601265