2 Greeley TerraceLong BranchNJ07740
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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 Long Branch at 2 Greeley Terrace, Long Branch, NJ, 07740 projects strong ROI of 3.57%. Rental yield 3.66%. With 5% annual appreciation, the property builds $566,377 in value over five years. Equity growth combined delivers a projected five-year ROI of 16.97%, translating into $112,737 in total cumulative return on $664,200 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Townhouse
Built in 2004
2,178 sqft lot
$N/A/sqft
$936 monthly 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
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Listed by: Richard Crooks • Serhant New Jersey LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22502355
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.