193 Asbury West Portal RdAsburyNJ08802
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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
Rental property for sale in Asbury at 193 Asbury West Portal Rd, Asbury, NJ, 08802 priced at $679,000 pairs $4,609/mo rent with after a $3,323/mo payment. Total monthly income equals $4,609/mo. Return on cash invested is 18.82% in year one, and rental yield stands at 8.15% on a $679,000 basis. Equity gained on principal adds $4,381/yr, and 5% annual appreciation accumulates to $187,595 by year five. Five-year ROI measures 98.22% and total cumulative return in cash reaches $219,419. For financing, Ziffy Mortgage’s DSCR program evaluates $4,609/mo property income against a $3,323/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
1.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08802, Asbury, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 1,380 (88.1%) |
| Renter Occupied HU | 130 ( 8.3%) |
| Vacant Housing Units | 56 ( 3.6%) |
| Median Home Value | $557,955 |
| Average Home Value | $569,612 |
Housing Distribution
Address Breakdown
Residential
1,459
Single Family
1,459
Multi-Family
0
Businesses
86
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Listed by: Diane Dinneny • Weichert Realtors
Mls Name: GSMLS
Mls ID: #4006529