8 Bay Boulevard #A1Seaside HeightsNJ08751
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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
Rental property for sale in Seaside Heights at 8 Bay Boulevard #A1, Seaside Heights, NJ, 08751 offers $2,261/mo rent that, after a $2,153/mo payment. Total monthly income is $2,261/mo. Return on cash invested measures 12.71% in year one, and rental yield stands at 6.17% at a $439,900 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,536 by year five. Five-year ROI records 65.5% and total cumulative return in cash reaches $95,511. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,261/mo property income versus a $2,153/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08751, Seaside Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,631 (100%) |
| Owner Occupied HU | 1,002 (17.8%) |
| Renter Occupied HU | 959 (17.0%) |
| Vacant Housing Units | 3,670 (65.2%) |
| Median Home Value | $647,028 |
| Average Home Value | $715,484 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
1,993
Multi-Family
30
Businesses
200
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Listed by: Erick Hernandez-Juarez • Seaside Heights Realty Inc.
Mls Name: MoreMLS
Mls ID: #22529513