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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Forked River at 741 S River Drive, Forked River, NJ, 08731 earns from $4,729/mo rent with a $5,379/mo payment. Total monthly income totals $4,729/mo. ROI tracks 9.91% on current figures, and rental yield reads 5.16% at a $1,099,000 purchase. Equity gained on principal adds $7,092/yr, and 5% annual appreciation supports $303,633 over five years. Five-year ROI reaches 50.38% and total cumulative return in cash sums $179,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,729/mo property income instead of your personal income.
Single Family
Built in 2000
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08731, Forked River, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,048 (100%) |
| Owner Occupied HU | 7,829 (77.9%) |
| Renter Occupied HU | 1,113 (11.1%) |
| Vacant Housing Units | 1,106 (11.0%) |
| Median Home Value | $461,309 |
| Average Home Value | $519,264 |
Residential
9,457
Single Family
9,457
Multi-Family
0
Businesses
610
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mary Bianchi • Realty One Group Emerge
Mls Name: MoreMLS
Mls ID: #22529397
