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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Forked River at 834 Leeward Drive, Forked River, NJ, 08731 at $1,180,000 posts ROI 5.36% with from $3,630/mo rent. Total monthly income equals $3,630/mo. Return on cash invested measures 5.36% and rental yield reads 3.69% at the current $1,180,000. Equity gained on principal adds $7,614/yr, and 5% annual appreciation supports $326,012 by year five. Five-year ROI prints 26% and total cumulative return in cash totals $99,416. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,630/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08731, Forked River, NJ area.
| 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 |
Residential
9,457
Single Family
9,457
Multi-Family
0
Businesses
610
Date | Event | Price |
|---|---|---|
| 2022-12-22 | Listing removed | N/A |
| 2022-11-25 | Price change | $898,950 |
| 2022-11-15 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-24 | $12928.52 | 1.71% | $571,300 | N/A |
| 2022-05-24 | $12711.43 | N/A | $571,300 | N/A |
| 2021-05-24 | $12711.43 | 5.15% | $571,300 | N/A |
Listed by: Nanette Marino • RE/MAX at Barnegat Bay
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515093
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.
