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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Asbury Park at 1202 Comstock Street, Asbury Park, NJ, 07712 generates $4,381/mo in rent, after a $3,421/mo payment. Total monthly income is $4,381/mo. Return on cash invested sits at 16.92% in year one, and rental yield is 7.52% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 88.03% and total cumulative return in cash sums $202,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,381/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07712, Asbury Park, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,067 (100%) |
| Owner Occupied HU | 8,930 (44.5%) |
| Renter Occupied HU | 9,346 (46.6%) |
| Vacant Housing Units | 1,791 ( 8.9%) |
| Median Home Value | $657,840 |
| Average Home Value | $712,237 |
Residential
18,546
Single Family
14,594
Multi-Family
3,952
Businesses
1,468
Date | Event | Price |
|---|---|---|
| 2025-03-17 | Price change | $12,000 |
| 2025-03-15 | Price change | $4,700 |
| 2025-03-03 | Listed for rent | $12,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $8873.44 | 9.22% | $560,900 | 6.74% |
| 2023-03-24 | $8124.23 | 16.89% | $525,500 | 17.72% |
| 2022-03-24 | $6950.45 | 8.43% | $446,400 | 10.03% |
Listed by: Bleranda Spahiu • Keller Williams Village Square Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507979
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.
