10 Grace CourtLong BranchNJ07740
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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 Long Branch at 10 Grace Court, Long Branch, NJ, 07740 earns from $3,836/mo rent with a $2,932/mo payment. Total monthly income totals $3,836/mo. ROI tracks 17.42% on current figures, and rental yield reads 7.68% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 90.71% and total cumulative return in cash sums $178,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,836/mo property income instead of your personal income.
Condo
Built in 1989
7.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07740, Long Branch, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,802 (100%) |
| Owner Occupied HU | 5,493 (34.8%) |
| Renter Occupied HU | 7,586 (48.0%) |
| Vacant Housing Units | 2,723 (17.2%) |
| Median Home Value | $636,006 |
| Average Home Value | $729,856 |
Housing Distribution
Address Breakdown
Residential
13,617
Single Family
10,842
Multi-Family
2,775
Businesses
917
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Listed by: Francesco Presti • Realty One Group Central
Mls Name: MoreMLS
Mls ID: #22602326