8 Shell RoadMantolokingNJ08738
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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 Mantoloking at 8 Shell Road, Mantoloking, NJ, 08738 with 5% annual appreciation on a $925,000 basis while $4,739/mo rent supports operations. 26% in year one. Equity gained on principal adds $5,969/yr, and five-year appreciation sums $255,560 alongside rental yield of 6.15%. Five-year ROI measures 63.2% and total cumulative return in cash totals $192,349. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,739/mo property income versus a $4,527/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
N/A lot
$N/A/sqft
$750 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08738, Mantoloking, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,871 (100%) |
| Owner Occupied HU | 462 (24.7%) |
| Renter Occupied HU | 36 ( 1.9%) |
| Vacant Housing Units | 1,373 (73.4%) |
| Median Home Value | $1,404,494 |
| Average Home Value | $1,497,500 |
Housing Distribution
Address Breakdown
Residential
938
Single Family
938
Multi-Family
0
Businesses
40
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Listed by: Jennifer Colucci • Keller Williams Shore Properties
Mls Name: MOMLS
Mls Provider:
Mls ID: #22503299
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.