15 PimlicoWest Long BranchNJ07764
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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 West Long Branch at 15 Pimlico, West Long Branch, NJ, 07764 listed at $549,900 pairs $4,231/mo rent with a $2,691/mo payment to leave $312/mo cash flow. Total monthly income runs $4,231/mo, and annual cash flow reaches $3,743/yr on $180,917 cash to close. Return on cash invested measures 22.13% in year one, and rental yield registers 9.23% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 115.94% and total cumulative return in cash totals $209,762. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,231/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07764, West Long Branch, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,855 (100%) |
| Owner Occupied HU | 2,013 (70.5%) |
| Renter Occupied HU | 632 (22.1%) |
| Vacant Housing Units | 210 ( 7.4%) |
| Median Home Value | $742,114 |
| Average Home Value | $833,515 |
Housing Distribution
Address Breakdown
Residential
2,735
Single Family
2,555
Multi-Family
180
Businesses
429
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Listed by: Bridget Gannon Smith • Diane Turton, Realtors-Spring Lake
Mls Name: MOMLS
Mls ID: #22524387