115 Hollywood AvenueWest 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
Total monthly income runs $3,324/mo, and a $4,302/mo payment. Purchase price stands at $879,000, and rental yield measures 4.54% with $3,324/mo rent. Return on cash invested shows 7.86% in year one, and 5% annual appreciation builds toward $242,851 over five years. Five-year ROI reaches 39.41% and total cumulative return in cash records $113,958. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,324/mo property income covering a $4,302/mo payment rather than investor’s personal income.
Single Family
Built in 1948
10,018 sqft 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: Catherine Ades • Cathy Ades Real Estate LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22509494
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.