29 South AvenueAtlantic HighlandsNJ07716
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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
Investment property for sale in Atlantic Highlands at 29 South Avenue, Atlantic Highlands, NJ, 07716 with 5% annual appreciation on a $550,000 basis while $4,144/mo rent supports operations. Total monthly income totals $4,144/mo and a $2,692/mo payment preserves $224/mo for cash returns. Annual cash flow comes to $2,684/yr on $180,950 deployed, and return on cash invested reaches 21.54% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 9.04%. Five-year ROI measures 112.82% and total cumulative return in cash totals $204,142.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,144/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07716, Atlantic Highlands, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,023 (100%) |
| Owner Occupied HU | 2,544 (63.2%) |
| Renter Occupied HU | 1,216 (30.2%) |
| Vacant Housing Units | 263 ( 6.5%) |
| Median Home Value | $788,732 |
| Average Home Value | $937,284 |
Housing Distribution
Address Breakdown
Residential
3,852
Single Family
3,448
Multi-Family
404
Businesses
343
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Listed by: Melina Bradley • Keller Williams Realty West Monmouth
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22522950
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.