119 N 34th AveLongportNJ08403
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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 Longport at 119 N 34th Ave, Longport, NJ, 08403 earns from $3,006/mo rent with a $7,831/mo payment. Total monthly income totals $3,006/mo. ROI tracks 0.93% on current figures, and rental yield reads 2.25% at a $1,600,000 purchase. Equity gained on principal adds $10,325/yr, and 5% annual appreciation supports $442,051 over five years. Five-year ROI reaches 2.22% and total cumulative return in cash sums $11,523. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,006/mo property income instead of your personal income.
Single Family
Built in N/A
3,780 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08403, Longport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,716 (100%) |
| Owner Occupied HU | 436 (25.4%) |
| Renter Occupied HU | 48 ( 2.8%) |
| Vacant Housing Units | 1,232 (71.8%) |
| Median Home Value | $982,394 |
| Average Home Value | $1,192,288 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,114
Multi-Family
329
Businesses
11
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Listed by: Margeaux Kivlin • MARKETPLACE REALTY
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #592963
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. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.