3 Railroad Avenue UNIT BAvon By The SeaNJ07717
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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 Avon By The Sea at 3 Railroad Avenue UNIT B, Avon By The Sea, NJ, 07717 earns from $4,267/mo rent with a $7,145/mo payment. Total monthly income totals $4,267/mo. ROI tracks 2.97% on current figures, and rental yield reads 3.51% at a $1,459,900 purchase. Equity gained on principal adds $9,421/yr, and 5% annual appreciation supports $403,343 over five years. Five-year ROI reaches 13.82% and total cumulative return in cash sums $65,361. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,267/mo property income instead of your personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$721 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07717, Avon By The Sea, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 585 (43.7%) |
| Renter Occupied HU | 319 (23.8%) |
| Vacant Housing Units | 434 (32.4%) |
| Median Home Value | $1,356,218 |
| Average Home Value | $1,450,564 |
Housing Distribution
Address Breakdown
Residential
1,189
Single Family
1,073
Multi-Family
116
Businesses
122
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Listed by: Samuel Marx • Sackman Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22415179
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.