94 Tarpon Drive #Sea GirtSea GirtNJ08750
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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 Sea Girt at 94 Tarpon Drive #Sea Girt, Sea Girt, NJ, 08750 with 5% annual appreciation on a $670,000 basis while $7,800/mo rent supports operations. Total monthly income totals $7,800/mo and a $3,279/mo payment preserves $2,738/mo for cash returns. Annual cash flow comes to $32,856/yr on $220,430 deployed, and return on cash invested reaches 34.97% in year one. Equity gained on principal adds $4,323/yr, and five-year appreciation sums $185,109 alongside rental yield of 13.97%. Five-year ROI measures 185.35% and total cumulative return in cash totals $408,569.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,800/mo property income versus a $3,279/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1991
N/A lot
$N/A/sqft
$860 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08750, Sea Girt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,116 (100%) |
| Owner Occupied HU | 1,289 (60.9%) |
| Renter Occupied HU | 225 (10.6%) |
| Vacant Housing Units | 602 (28.4%) |
| Median Home Value | $1,293,825 |
| Average Home Value | $1,407,836 |
Housing Distribution
Address Breakdown
Residential
1,961
Single Family
1,888
Multi-Family
73
Businesses
299
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Listed by: Edwin Oels • O'Brien Realty, LLC
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22525315
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.