1027 Asbury AveNational ParkNJ08063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 National Park at 1027 Asbury Ave, National Park, NJ, 08063 priced at $349,000 converts $2,798/mo rent into $311/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,798/mo, and annual cash flow totals $3,727/yr on $115,694 invested. Return on cash invested prints 23.13% in year one, and rental yield reads 9.62% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 121.36% and total cumulative return in cash sums $140,400. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,798/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08063, National Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,275 (100%) |
| Owner Occupied HU | 1,020 (80.0%) |
| Renter Occupied HU | 198 (15.5%) |
| Vacant Housing Units | 57 ( 4.5%) |
| Median Home Value | $250,000 |
| Average Home Value | $346,272 |
Housing Distribution
Address Breakdown
Residential
1,178
Single Family
1,148
Multi-Family
30
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francis Longo • Tesla Realty Group LLC
Mls Name: Bright MLS
Mls ID: #NJGL2068076