Hickory Plan, The Parke at Ocean,Oakhurst,NJ,07755

Investment Highlights

Rental property for sale in Oakhurst at Hickory Plan, The Parke at Ocean, Oakhurst, NJ, 07755 offers $6,074/mo rent that, after a $3,916/mo payment, leaves $371/mo cash flow. Total monthly income is $6,074/mo, and annual cash flow is $4,456/yr on $263,197 cash. Return on cash invested measures 21.75% in year one, and rental yield stands at 9.11% at a $799,990 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,022 by year five. Five-year ROI records 113.95% and total cumulative return in cash reaches $299,908. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,074/mo property income versus a $3,916/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.