215 Anderson Rd, Asbury, NJ, 08802 | 6.94% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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215 Anderson Rd, Asbury, NJ, 08802 | 6.94% Rental Yield | Ziffy

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Asbury at 215 Anderson Rd, Asbury, NJ, 08802 earns from $3,758/mo rent with a $3,181/mo payment. Total monthly income totals $3,758/mo. ROI tracks 15.15% on current figures, and rental yield reads 6.94% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 78.55% and total cumulative return in cash sums $167,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,758/mo property income instead of your personal income.

Single Family

Built in 1980

1.37 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming Split-Level Home with Endless Potential. Welcome to this inviting split-level residence nestled on a generous open road frontage lot, offering both space and ready for renovation opportunities. This brick-exterior home features 3 spacious bedrooms, 1 full bathroom on the second floor, and 1.5 bathrooms on the main level, providing a functional layout ideal for those seeking room to grow. Step outside to enjoy the large, grassed area for entertaining and play area. The large driveway is perfect for multiple vehicles and easy turnaround. A detached storage shed adds convenience for tools, equipment, or hobby space. Located just minutes from shopping, restaurants, dining, various recreation opportunities, pick-your-own farms, and so much more, this home offers the perfect blend of rural charm and modern convenience. You'll love the easy access to Routes 78, 57, 31, and 22, making commutes and weekend getaways a breeze. Enjoy proximity to schools, parks, and all the amenities that make life comfortable and connected. With its solid structure and classic design, this property is brimming with potential ready for your personal touch. Bring your vision and watch it come to life on this exceptional property. Schedule your tour today and see why opportunities like this don't last!

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