(Undisclosed Address)Ocean CityNJ08226
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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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 Ocean City at (Undisclosed Address), Ocean City, NJ, 08226 offers $1,057/mo rent that, after a $685/mo payment, leaves $60/mo cash flow. Total monthly income is $1,057/mo, and annual cash flow is $715/yr on $46,377 cash. Return on cash invested measures 21.45% in year one, and rental yield stands at 9.07% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 112.38% and total cumulative return in cash reaches $52,119. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,057/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08226, Ocean City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,442 (100%) |
| Owner Occupied HU | 4,123 (19.2%) |
| Renter Occupied HU | 1,589 ( 7.4%) |
| Vacant Housing Units | 15,730 (73.4%) |
| Median Home Value | $843,777 |
| Average Home Value | $1,010,518 |
Housing Distribution
Address Breakdown
Residential
11,430
Single Family
10,609
Multi-Family
821
Businesses
871
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: MARIAN KING-SMITH • KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
Mls Name: SJSRMLS
Mls ID: #600866