21 Eunice TerraceWest Long BranchNJ07764
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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 West Long Branch at 21 Eunice Terrace, West Long Branch, NJ, 07764 priced at $465,000 converts $4,159/mo rent into $575/mo cash flow after a $2,276/mo obligation. Total monthly income equals $4,159/mo, and annual cash flow totals $6,894/yr on $154,148 invested. Return on cash invested prints 24.38% in year one, and rental yield reads 10.73% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 128.83% and total cumulative return in cash sums $198,587. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,159/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Condo
Built in 1986
5.51 Acres lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07764, West Long Branch, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,855 (100%) |
| Owner Occupied HU | 2,013 (70.5%) |
| Renter Occupied HU | 632 (22.1%) |
| Vacant Housing Units | 210 ( 7.4%) |
| Median Home Value | $742,114 |
| Average Home Value | $833,515 |
Housing Distribution
Address Breakdown
Residential
2,735
Single Family
2,555
Multi-Family
180
Businesses
429
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Listed by: Daniel Urpanil • Keller Williams Realty West Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515626
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