809 Leeward DriveForked RiverNJ08731
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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 Forked River at 809 Leeward Drive, Forked River, NJ, 08731 earns from $3,307/mo rent with a $3,764/mo payment. Total monthly income totals $3,307/mo. ROI tracks 9.73% on current figures, and rental yield reads 5.16% at a $769,000 purchase. Equity gained on principal adds $4,962/yr, and 5% annual appreciation supports $212,461 over five years. Five-year ROI reaches 49.49% and total cumulative return in cash sums $125,215. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,307/mo property income instead of your personal income.
Single Family
Built in 1960
6,534 sqft lot
$N/A/sqft
$40 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08731, Forked River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,048 (100%) |
| Owner Occupied HU | 7,829 (77.9%) |
| Renter Occupied HU | 1,113 (11.1%) |
| Vacant Housing Units | 1,106 (11.0%) |
| Median Home Value | $461,309 |
| Average Home Value | $519,264 |
Housing Distribution
Address Breakdown
Residential
9,457
Single Family
9,457
Multi-Family
0
Businesses
610
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Listed by: Lori A Woytanowski • Crossroads Realty Inc-WH
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510276
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.