87 Bonita RoadWaretownNJ08758
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Waretown at 87 Bonita Road, Waretown, NJ, 08758 priced at $394,900 converts $3,299/mo rent into $484/mo cash flow after a $1,933/mo obligation. Total monthly income equals $3,299/mo, and annual cash flow totals $5,809/yr on $130,909 invested. Return on cash invested prints 24.35% in year one, and rental yield reads 10.02% against a $394,900 entry. Equity gained on principal adds $2,548/yr, while 5% annual appreciation compiles into $109,104 by year five. Five-year ROI reaches 127.9% and total cumulative return in cash sums $167,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,299/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08758, Waretown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 3,057 (74.2%) |
| Renter Occupied HU | 496 (12.0%) |
| Vacant Housing Units | 565 (13.7%) |
| Median Home Value | $566,761 |
| Average Home Value | $599,940 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,942
Multi-Family
77
Businesses
156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cessna Statt • RE/MAX at Barnegat Bay
Mls Name: MoreMLS
Mls ID: #22527592