113 Parker RoadWest Long BranchNJ07764
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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 West Long Branch at 113 Parker Road, West Long Branch, NJ, 07764 offers $4,512/mo rent that, after a $6,358/mo payment. Total monthly income is $4,512/mo. Return on cash invested measures 6.83% in year one, and rental yield stands at 4.17% at a $1,299,000 entry. Equity gained on principal adds $8,382/yr while 5% annual appreciation compounds into $358,890 by year five. Five-year ROI records 33.89% and total cumulative return in cash reaches $142,645. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,512/mo property income versus a $6,358/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07764, West Long Branch, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,855 (100%) |
| Owner Occupied HU | 2,013 (70.5%) |
| Renter Occupied HU | 632 (22.1%) |
| Vacant Housing Units | 210 ( 7.4%) |
| Median Home Value | $742,114 |
| Average Home Value | $833,515 |
Housing Distribution
Address Breakdown
Residential
2,735
Single Family
2,555
Multi-Family
180
Businesses
429
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Listed by: Patrice George • O'Brien Realty, LLC
Mls Name: MoreMLS
Mls ID: #22600781