9 Sand Bar AlleyOceanportNJ07757
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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
Rental property for sale in Oceanport at 9 Sand Bar Alley, Oceanport, NJ, 07757 priced at $1,050,000 converts $3,640/mo rent into after a $5,139/mo obligation. Total monthly income equals $3,640/mo. Return on cash invested prints 6.81% in year one, and rental yield reads 4.16% against a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation compiles into $290,096 by year five. Five-year ROI reaches 33.76% and total cumulative return in cash sums $114,845. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,640/mo property income covering a $5,139/mo payment, not borrower’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07757, Oceanport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 1,997 (79.8%) |
| Renter Occupied HU | 385 (15.4%) |
| Vacant Housing Units | 121 ( 4.8%) |
| Median Home Value | $790,812 |
| Average Home Value | $898,702 |
Housing Distribution
Address Breakdown
Residential
2,417
Single Family
2,234
Multi-Family
183
Businesses
183
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Listed by: Karen Murphy • Heritage House Sotheby's International Realty
Mls Name: MoreMLS
Mls ID: #22526736