901 Beverly AvenueOceanNJ07712
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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 Ocean at 901 Beverly Avenue, Ocean, NJ, 07712 at $1,200,000 posts ROI 4.06% with from $3,269/mo rent. Total monthly income equals $3,269/mo. Return on cash invested measures 4.06% and rental yield reads 3.27% at the current $1,200,000. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 by year five. Five-year ROI prints 19.01% and total cumulative return in cash totals $73,919. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,269/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07712, Asbury Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,067 (100%) |
| Owner Occupied HU | 8,930 (44.5%) |
| Renter Occupied HU | 9,346 (46.6%) |
| Vacant Housing Units | 1,791 ( 8.9%) |
| Median Home Value | $657,840 |
| Average Home Value | $712,237 |
Housing Distribution
Address Breakdown
Residential
18,546
Single Family
14,594
Multi-Family
3,952
Businesses
1,468
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Listed by: Barbara Scaffidi • Ward Wight Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508746
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.