9 Carolina Avenue UNIT 2Beach HavenNJ08008
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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 Beach Haven at 9 Carolina Avenue UNIT 2, Beach Haven, NJ, 08008 at $719,000 posts ROI 17.51% with from $4,622/mo rent. Total monthly income equals $4,622/mo. Return on cash invested measures 17.51% and rental yield reads 7.71% at the current $719,000. Equity gained on principal adds $4,640/yr, and 5% annual appreciation supports $198,646 by year five. Five-year ROI prints 91.19% and total cumulative return in cash totals $215,717. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,622/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1980
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08008, Beach Haven, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,536 (100%) |
| Owner Occupied HU | 3,172 (18.1%) |
| Renter Occupied HU | 428 ( 2.4%) |
| Vacant Housing Units | 13,936 (79.5%) |
| Median Home Value | $990,030 |
| Average Home Value | $1,171,197 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
4,552
Multi-Family
9
Businesses
605
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Listed by: Laura P Dunlap • Berkshire Hathaway HomeServices Zack Shore REALTORS
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507277
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.