78 Adriatic AvenueWaretownNJ08758
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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 Waretown at 78 Adriatic Avenue, Waretown, NJ, 08758 with 5% annual appreciation on a $261,888 basis while $3,223/mo rent supports operations. Total monthly income totals $3,223/mo and a $1,282/mo payment preserves $1,356/mo for cash returns. Annual cash flow comes to $16,273/yr on $86,816 deployed, and return on cash invested reaches 38.65% in year one. Equity gained on principal adds $1,690/yr, and five-year appreciation sums $72,355 alongside rental yield of 14.77%. Five-year ROI measures 204.64% and total cumulative return in cash totals $177,658.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,223/mo property income versus a $1,282/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No 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
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Listed by: Elizabeth Stott • Elite Team Realty, LLC
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22518461
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.