882 Harrison AvenueForked RiverNJ08731
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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 Forked River at 882 Harrison Avenue, Forked River, NJ, 08731 at $624,900 posts ROI 15.25% with from $3,630/mo rent. Total monthly income equals $3,630/mo. Return on cash invested measures 15.25% and rental yield reads 6.97% at the current $624,900. Equity gained on principal adds $4,032/yr, and 5% annual appreciation supports $172,648 by year five. Five-year ROI prints 79.07% and total cumulative return in cash totals $162,557. 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 2023
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08731, Forked River, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,457
Single Family
9,457
Multi-Family
0
Businesses
610
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Listed by: Patricia Gesswein • Houwzer Inc.
Mls Name: MoreMLS
Mls ID: #22529873