81 FlounderOcean 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 81 Flounder, Ocean View, NJ, 08230 with 5% annual appreciation on a $135,000 basis while $1,055/mo rent supports operations. Total monthly income totals $1,055/mo and a $661/mo payment preserves $93/mo for cash returns. Annual cash flow comes to $1,110/yr on $44,753 deployed, and return on cash invested reaches 22.39% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.38%. Five-year ROI measures 117.45% and total cumulative return in cash totals $52,561.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,055/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in N/A
2,275 sqft 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: MICHELE WATKINS • Compass New Jersey-Ocean City (O463H)
Mls Name: SJSRMLS
Mls ID: #598470