7 Albatross PointBayvilleNJ08721
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bayville at 7 Albatross Point, Bayville, NJ, 08721 offers $4,403/mo rent that, after a $4,160/mo payment. Total monthly income is $4,403/mo. Return on cash invested measures 12.96% in year one, and rental yield stands at 6.22% at a $849,900 entry. Equity gained on principal adds $5,484/yr while 5% annual appreciation compounds into $234,812 by year five. Five-year ROI records 66.77% and total cumulative return in cash reaches $186,698. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,403/mo property income versus a $4,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08721, Bayville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 7,129 (74.1%) |
| Renter Occupied HU | 1,504 (15.6%) |
| Vacant Housing Units | 986 (10.3%) |
| Median Home Value | $471,653 |
| Average Home Value | $536,444 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,902
Multi-Family
0
Businesses
409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael T Jones • Keller Williams Preferred Properties,Bayville
Mls Name: MoreMLS
Mls ID: #22601272