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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% |
Investment property for sale in Highlands at 148 Navesink Avenue UNIT 8, Highlands, NJ, 07732 earns from $2,640/mo rent with a $1,835/mo payment. Total monthly income totals $2,640/mo. ROI tracks 16.07% on current figures, and rental yield reads 8.45% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 84.78% and total cumulative return in cash sums $105,387. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Condo
Built in N/A
435.60 sqft lot
$N/A/sqft
$365 none HOA
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Listed for sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Elizabeth Jakubik • Weichert Realtors-Rumson
Mls Name: MOMLS
Mls Provider:
Mls ID: #22431417
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.
