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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 West Long Branch at 18 Slocum Street, West Long Branch, NJ, 07764 listed at $475,000 pairs $3,122/mo rent with a $2,325/mo payment. Total monthly income runs $3,122/mo. Return on cash invested measures 17.9% in year one, and rental yield registers 7.89% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 93.31% and total cumulative return in cash totals $146,923. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,122/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07764, West Long Branch, NJ area.
| 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 |
Residential
2,735
Single Family
2,555
Multi-Family
180
Businesses
429
Date | Event | Price |
|---|---|---|
| 1994-09-07 | Sold | $112,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-13 | $5537.75 | -3.55% | $425,000 | 3.41% |
| 2023-06-13 | $5741.67 | -3.54% | $411,000 | 7.79% |
| 2022-06-13 | $5952.09 | 10.17% | $381,300 | 36.42% |
What's Special
Attic
Listed by: Tracey Carfora • Keller Williams Shore Properties
Mls Name: MOMLS
Mls Provider:
Mls ID: #22517421
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.
