97 Bay Point HarbourPt Pleasant BeachNJ08742
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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 Pt Pleasant Beach at 97 Bay Point Harbour, Pt Pleasant Beach, NJ, 08742 at $1,195,000 posts ROI 10.54% with from $5,346/mo rent. Total monthly income equals $5,346/mo. Return on cash invested measures 10.54% and rental yield reads 5.37% at the current $1,195,000. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 by year five. Five-year ROI prints 53.77% and total cumulative return in cash totals $208,178. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,346/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1986
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08742, Point Pleasant Beach, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,538 (100%) |
| Owner Occupied HU | 8,496 (62.8%) |
| Renter Occupied HU | 2,081 (15.4%) |
| Vacant Housing Units | 2,961 (21.9%) |
| Median Home Value | $683,241 |
| Average Home Value | $772,081 |
Housing Distribution
Address Breakdown
Residential
12,450
Single Family
12,242
Multi-Family
208
Businesses
1,303
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Listed by: John J McHugh • RE/MAX Bay Point Realtors
Mls Name: MoreMLS
Mls ID: #22601510