845 Arnold Avenue UNIT 14Point Pleasant BeachNJ08742
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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 Point Pleasant Beach at 845 Arnold Avenue UNIT 14, Point Pleasant Beach, NJ, 08742 earns from $3,902/mo rent with a $4,405/mo payment. Total monthly income totals $3,902/mo. ROI tracks 7.98% on current figures, and rental yield reads 5.2% at a $899,900 purchase. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,626 over five years. Five-year ROI reaches 40.79% and total cumulative return in cash sums $120,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,902/mo property income instead of your personal income.
Townhouse
Built in N/A
4,356 sqft lot
$N/A/sqft
$1,400 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
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Listed by: Jamie Paradise • RE/MAX Bay Point Realtors
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507224
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.