1152 Longboat AveBeachwoodNJ08722
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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 Beachwood at 1152 Longboat Ave, Beachwood, NJ, 08722 uses $129,583 cash to close to unlock $4,512/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $3,162/mo, and a $1,913/mo payment keeps the spread at $376/mo. Purchase price stands at $390,900, and rental yield measures 9.71% with $3,162/mo rent. Return on cash invested shows 23.39% in year one, and 5% annual appreciation builds toward $107,998 over five years. Five-year ROI reaches 122.73% and total cumulative return in cash records $159,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,162/mo property income covering a $1,913/mo payment rather than investor’s personal income.
Single Family
Built in 1981
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08722, Beachwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,961 (100%) |
| Owner Occupied HU | 3,406 (86.0%) |
| Renter Occupied HU | 437 (11.0%) |
| Vacant Housing Units | 118 ( 3.0%) |
| Median Home Value | $353,598 |
| Average Home Value | $387,689 |
Housing Distribution
Address Breakdown
Residential
3,877
Single Family
3,877
Multi-Family
0
Businesses
161
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