3011 Atlantic AvenueAllenwoodNJ08720
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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 Allenwood at 3011 Atlantic Avenue, Allenwood, NJ, 08720 earns from $4,900/mo rent with a $3,671/mo payment. Total monthly income totals $4,900/mo. ROI tracks 17.89% on current figures, and rental yield reads 7.84% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 93.23% and total cumulative return in cash sums $230,034. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,900/mo property income instead of your personal income.
Single Family
Built in 1900
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08720, Allenwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 210 (100%) |
| Owner Occupied HU | 200 (95.2%) |
| Renter Occupied HU | 8 ( 3.8%) |
| Vacant Housing Units | 2 ( 1.0%) |
| Median Home Value | $790,179 |
| Average Home Value | $783,688 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
132
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Listed by: Susan M Miller • Diane Turton, Realtors-Spring Lake
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22429475
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.