205 Edgemont Drive #3AllenhurstNJ07711
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Allenhurst at 205 Edgemont Drive #3, Allenhurst, NJ, 07711 projects strong ROI of -1.05%. Rental yield 2.3%. With 5% annual appreciation, the property builds $939,357 in value over five years. Equity growth combined delivers a projected five-year ROI of 9.15%, translating into $87,855 in total cumulative return on $960,500 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.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 6.2% |
| Monthly Cash Flow | $(18,969) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,530 |
| Total Monthly Debt Service | $24,147 |
| DSCR Ratio | 0.27x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,265 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07711, Allenhurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 451 (50.1%) |
| Renter Occupied HU | 172 (19.1%) |
| Vacant Housing Units | 277 (30.8%) |
| Median Home Value | $1,082,692 |
| Average Home Value | $1,203,326 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
844
Multi-Family
12
Businesses
157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,265 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07711, Allenhurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 451 (50.1%) |
| Renter Occupied HU | 172 (19.1%) |
| Vacant Housing Units | 277 (30.8%) |
| Median Home Value | $1,082,692 |
| Average Home Value | $1,203,326 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
844
Multi-Family
12
Businesses
157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kerrin O'Brien • O'Brien Realty, LLC
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22602689
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.