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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Highlands at 24 Lighthouse Pt Road, Highlands, NJ, 07732 listed at $1,250,000 pairs $5,746/mo rent with a $6,118/mo payment. Total monthly income runs $5,746/mo. Return on cash invested measures 9% in year one, and rental yield registers 5.52% at a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and annual property appreciation at 5% supports $345,352 by year five. Five-year ROI tracks 46.21% and total cumulative return in cash totals $187,165. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,746/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2017
1,306 sqft lot
$N/A/sqft
$675 monthly HOA
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
Date | Event | Price |
|---|---|---|
| 2025-12-17 | Listed for sale | $1,250,000 |
| 2025-12-16 | Listing removed | $1,250,000 |
| 2025-11-21 | Listed for sale | $1,250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-19 | $14444.10 | 7.63% | $729,500 | 9.04% |
| 2023-12-19 | $13420.14 | 4.64% | $669,000 | 12.30% |
| 2022-12-19 | $12825.42 | 4.45% | $595,700 | 20.37% |
Listed by: Lori Eipel • Keller Williams Realty Spring Lake
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22536912
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.
