153 Vanderbilt AvenueLong BranchNJ07740
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Long Branch at 153 Vanderbilt Avenue, Long Branch, NJ, 07740 uses $140,888 cash to close to unlock $11,374/yr annual cash flow and $948/mo monthly cash flow. Total monthly income runs $3,977/mo, and a $2,080/mo payment keeps the spread at $948/mo. Purchase price stands at $425,000, and rental yield measures 11.23% with $3,977/mo rent. Return on cash invested shows 27.98% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 147.36% and total cumulative return in cash records $207,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,977/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1907
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07740, Long Branch, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,802 (100%) |
| Owner Occupied HU | 5,493 (34.8%) |
| Renter Occupied HU | 7,586 (48.0%) |
| Vacant Housing Units | 2,723 (17.2%) |
| Median Home Value | $636,006 |
| Average Home Value | $729,856 |
Housing Distribution
Address Breakdown
Residential
13,617
Single Family
10,842
Multi-Family
2,775
Businesses
917
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Albert Wright • EXP Realty
Mls Name: MoreMLS
Mls ID: #22535612