1901 Alpine TrailNeptuneNJ07753
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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 Neptune at 1901 Alpine Trail, Neptune, NJ, 07753 offers a 11.91% rental yield on a $399,990 purchase with $3,970/mo rent. Total monthly income registers $3,970/mo, and a $1,958/mo payment leaves $1,119/mo available for distribution. Annual cash flow reaches $13,424/yr on $132,597 to close, and return on cash invested stands at 30.03% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,510 over five years. Portfolio math shows five-year ROI at 158.38% and total cumulative return in cash at $210,001. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,970/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07753, Neptune, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,978 (100%) |
| Owner Occupied HU | 10,727 (63.2%) |
| Renter Occupied HU | 5,243 (30.9%) |
| Vacant Housing Units | 1,008 ( 5.9%) |
| Median Home Value | $469,423 |
| Average Home Value | $541,040 |
Housing Distribution
Address Breakdown
Residential
16,140
Single Family
14,110
Multi-Family
2,030
Businesses
1,097
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Listed by: Kathleen Froelich • Redfin Corporation
Mls Name: MOMLS
Mls ID: #22524723