75 Wharfside DriveMonmouth BeachNJ07750
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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 Monmouth Beach at 75 Wharfside Drive, Monmouth Beach, NJ, 07750 offers a 5.89% rental yield on a $468,000 purchase with $2,296/mo rent. 86% in year one. Equity gained on principal adds $3,020/yr while 5% annual appreciation supports $129,300 over five years. Portfolio math shows five-year ROI at 60.93% and total cumulative return in cash at $94,529. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,296/mo property income against a $2,291/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1966
16.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07750, Monmouth Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,225 (60.3%) |
| Renter Occupied HU | 243 (12.0%) |
| Vacant Housing Units | 562 (27.7%) |
| Median Home Value | $1,243,274 |
| Average Home Value | $1,385,284 |
Housing Distribution
Address Breakdown
Residential
1,858
Single Family
1,349
Multi-Family
509
Businesses
106
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Listed by: Marguerite Montserrat • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22531693