809 Ocean Avenue UNIT 9Avon By The SeaNJ07717
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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 Avon By The Sea at 809 Ocean Avenue UNIT 9, Avon By The Sea, NJ, 07717 at $1,200,000 posts ROI 3.13% with from $3,542/mo rent. Total monthly income equals $3,542/mo. Return on cash invested measures 3.13% and rental yield reads 3.54% at the current $1,200,000. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 by year five. Five-year ROI prints 14.68% and total cumulative return in cash totals $57,059. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,542/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
0.50 Acres lot
$N/A/sqft
$574 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07717, Avon By The Sea, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 585 (43.7%) |
| Renter Occupied HU | 319 (23.8%) |
| Vacant Housing Units | 434 (32.4%) |
| Median Home Value | $1,356,218 |
| Average Home Value | $1,450,564 |
Housing Distribution
Address Breakdown
Residential
1,189
Single Family
1,073
Multi-Family
116
Businesses
122
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Listed by: Kelly Cutillo • Diane Turton, Realtors-Avon
Mls Name: MOMLS
Mls Provider:
Mls ID: #22504149
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.