1 Railroad Avenue #B6Avon By The SeaNJ07717
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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 Avon By The Sea at 1 Railroad Avenue #B6, Avon By The Sea, NJ, 07717 priced at $1,489,000 converts $4,200/mo rent into after a $7,288/mo obligation. Total monthly income equals $4,200/mo. Return on cash invested prints 4.42% in year one, and rental yield reads 3.38% against a $1,489,000 entry. Equity gained on principal adds $9,608/yr, while 5% annual appreciation compiles into $411,383 by year five. Five-year ROI reaches 20.93% and total cumulative return in cash sums $100,982. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $7,288/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07717, Avon By The Sea, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 585 (43.7%) |
| Renter Occupied HU | 319 (23.8%) |
| Vacant Housing Units | 434 (32.4%) |
| Median Home Value | $1,356,218 |
| Average Home Value | $1,450,564 |
Housing Distribution
Address Breakdown
Residential
1,189
Single Family
1,073
Multi-Family
116
Businesses
122
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Listed by: Christine Morford • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MoreMLS
Mls ID: #22535628