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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 Atlantic Highlands at 123 Ocean Boulevard, Atlantic Highlands, NJ, 07716 priced at $1,100,000 converts $6,167/mo rent into after a $5,384/mo obligation. Total monthly income equals $6,167/mo. Return on cash invested prints 14.73% in year one, and rental yield reads 6.73% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 76.26% and total cumulative return in cash sums $271,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,167/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07716, Atlantic Highlands, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,023 (100%) |
| Owner Occupied HU | 2,544 (63.2%) |
| Renter Occupied HU | 1,216 (30.2%) |
| Vacant Housing Units | 263 ( 6.5%) |
| Median Home Value | $788,732 |
| Average Home Value | $937,284 |
Residential
3,852
Single Family
3,448
Multi-Family
404
Businesses
343
Date | Event | Price |
|---|---|---|
| 2025-08-08 | Sold | $1,100,000 |
| 2025-06-30 | Pending sale | $1,150,000 |
| 2025-06-04 | Listed for sale | $1,150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $13406.58 | -0.07% | $805,200 | 2.51% |
| 2023-10-13 | $13416.34 | -0.82% | $785,500 | 1.62% |
| 2022-10-13 | $13527.50 | -1.70% | $773,000 | 10.38% |
Listed by: Valerie Vargas • Keller Williams Realty West Monmouth
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22516423
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.
