2 Park PlaceNeptuneNJ07753
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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 2 Park Place, Neptune, NJ, 07753 with 5% annual appreciation on a $1,349,910 basis while $2,993/mo rent supports operations. 18% in year one. Equity gained on principal adds $8,711/yr, and five-year appreciation sums $372,955 alongside rental yield of 2.66%. Five-year ROI measures 8.95% and total cumulative return in cash totals $39,157. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,993/mo property income versus a $6,607/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.35 Acres 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: David Ten Hoeve • Prive` Haus LLC
Mls Name: MoreMLS
Mls ID: #22529946