312 Hume StreetAllenhurstNJ07711
Nearby investment properties with comparable rents
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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 Allenhurst at 312 Hume Street, Allenhurst, NJ, 07711 offers a 1.81% rental yield on a $1,799,000 purchase with $2,708/mo rent. 45% in year one. Equity gained on principal adds $11,609/yr while 5% annual appreciation supports $497,031 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,708/mo property income against a $8,805/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1907
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07711, Allenhurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 451 (50.1%) |
| Renter Occupied HU | 172 (19.1%) |
| Vacant Housing Units | 277 (30.8%) |
| Median Home Value | $1,082,692 |
| Average Home Value | $1,203,326 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
844
Multi-Family
12
Businesses
157
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Listed by: Gina Reid • Sea Glass Realty, LLC
Mls Name: MoreMLS
Mls ID: #22517954