7 Bay Head CourtWaretownNJ08758
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.61, 7 Bay Head Court, Waretown, NJ, 08758 in Waretown sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.71%. The 8.71% yield is backed by 5% annual appreciation projecting $200,304 in value gain, plus $6,677/yr in principal reduction. Total projected cumulative return: $267,615.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $(178) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,260 |
| Total Monthly Debt Service | $5,149 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2012
5,227 sqft lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08758, Waretown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 3,057 (74.2%) |
| Renter Occupied HU | 496 (12.0%) |
| Vacant Housing Units | 565 (13.7%) |
| Median Home Value | $566,761 |
| Average Home Value | $599,940 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,942
Multi-Family
77
Businesses
156
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
Single Family
Built in 2012
5,227 sqft lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08758, Waretown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 3,057 (74.2%) |
| Renter Occupied HU | 496 (12.0%) |
| Vacant Housing Units | 565 (13.7%) |
| Median Home Value | $566,761 |
| Average Home Value | $599,940 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,942
Multi-Family
77
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anita Taylor • Weichert Realtors-Forked River
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22518380
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.