18 3rd StAvenelNJ07001
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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 Avenel at 18 3rd St, Avenel, NJ, 07001 with 5% annual appreciation on a $119,888 basis while $962/mo rent supports operations. Total monthly income totals $962/mo and a $587/mo payment preserves $107/mo for cash returns. Annual cash flow comes to $1,287/yr on $39,743 deployed, and return on cash invested reaches 23.15% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,123 alongside rental yield of 9.63%. Five-year ROI measures 121.58% and total cumulative return in cash totals $48,320.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $962/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07001, Avenel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,633 (100%) |
| Owner Occupied HU | 2,618 (39.5%) |
| Renter Occupied HU | 3,669 (55.3%) |
| Vacant Housing Units | 346 ( 5.2%) |
| Median Home Value | $396,525 |
| Average Home Value | $443,209 |
Housing Distribution
Address Breakdown
Residential
5,760
Single Family
5,050
Multi-Family
710
Businesses
418
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Listed by: MICHELLE E. CADENA • REAL
Mls Name: All Jersey MLS
Mls ID: #2607172R