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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Atlantic Highlands at 32 Center Avenue UNIT 17, Atlantic Highlands, NJ, 07716 at $379,000 posts ROI 19.78% with from $3,046/mo rent. Total monthly income equals $3,046/mo. Return on cash invested measures 19.78% and rental yield reads 9.64% at the current $379,000. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 by year five. Five-year ROI prints 104.63% and total cumulative return in cash totals $131,459. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,046/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1988
435.60 sqft lot
$N/A/sqft
$358 monthly HOA
Neighborhood data shown for ZIP Code: 07716, Atlantic Highlands, NJ area.
| 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 |
Residential
3,852
Single Family
3,448
Multi-Family
404
Businesses
343
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Listed for sale | $379,000 |
| 2024-06-11 | Sold | $330,000 |
| 2024-05-15 | Pending sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $4808.52 | -1.43% | $288,800 | 1.12% |
| 2023-01-28 | $4878.05 | -0.23% | $285,600 | 2.22% |
| 2022-01-28 | $4889.50 | 10.30% | $279,400 | 23.85% |
Listed by: Eleanor P Murphy • Better Homes and Gardens Real Estate Murphy & Co.
Mls Name: MOMLS
Mls Provider:
Mls ID: #22501952
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.
