8 Clayton DrOcean ViewNJ08230
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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 Ocean View at 8 Clayton Dr, Ocean View, NJ, 08230 listed at $999,000 pairs $3,827/mo rent with a $4,890/mo payment. Total monthly income runs $3,827/mo. Return on cash invested measures 8.03% in year one, and rental yield registers 4.6% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 40.36% and total cumulative return in cash totals $132,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,827/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08230, Ocean View, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,885 (100%) |
| Owner Occupied HU | 2,248 (77.9%) |
| Renter Occupied HU | 215 ( 7.5%) |
| Vacant Housing Units | 422 (14.6%) |
| Median Home Value | $504,666 |
| Average Home Value | $569,691 |
Housing Distribution
Address Breakdown
Residential
2,441
Single Family
2,441
Multi-Family
0
Businesses
237
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Listed by: James Catanoso • deSatnick Real Estate LLC - North Wildwood
Mls Name: CMCAOR
Mls ID: #252357