8 Jibsail DriveBayvilleNJ08721
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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 Bayville at 8 Jibsail Drive, Bayville, NJ, 08721 priced at $1,300,000 converts $4,333/mo rent into after a $6,363/mo obligation. Total monthly income equals $4,333/mo. Return on cash invested prints 6.31% in year one, and rental yield reads 4% against a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. Five-year ROI reaches 31.11% and total cumulative return in cash sums $131,019. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,333/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Single Family
Built in 2001
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08721, Bayville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,619 (100%) |
| Owner Occupied HU | 7,129 (74.1%) |
| Renter Occupied HU | 1,504 (15.6%) |
| Vacant Housing Units | 986 (10.3%) |
| Median Home Value | $471,653 |
| Average Home Value | $536,444 |
Housing Distribution
Address Breakdown
Residential
8,902
Single Family
8,902
Multi-Family
0
Businesses
409
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Listed by: Anita F Jacobus • Keller Williams Shore Properties
Mls Name: MoreMLS
Mls ID: #22526074