245 N Lincoln AvenueLong BranchNJ07740
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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
Total monthly income runs $3,181/mo, and a $6,847/mo payment. Purchase price stands at $1,399,000, and rental yield measures 2.73% with $3,181/mo rent. Return on cash invested shows 2.39% in year one, and 5% annual appreciation builds toward $386,518 over five years. Five-year ROI reaches 10.07% and total cumulative return in cash records $45,665. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,181/mo property income covering a $6,847/mo payment rather than investor’s personal income.
Single Family
Built in 1954
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07740, Long Branch, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,802 (100%) |
| Owner Occupied HU | 5,493 (34.8%) |
| Renter Occupied HU | 7,586 (48.0%) |
| Vacant Housing Units | 2,723 (17.2%) |
| Median Home Value | $636,006 |
| Average Home Value | $729,856 |
Housing Distribution
Address Breakdown
Residential
13,617
Single Family
10,842
Multi-Family
2,775
Businesses
917
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Listed by: Alice Gemal • Sonya Grill Real Estate
Mls Name: MOMLS
Mls Provider:
Mls ID: #22430713
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.