32 Sears 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
Rental property for sale in Atlantic Highlands at 32 Sears Avenue, Atlantic Highlands, NJ, 07716 priced at $520,000 pairs $4,364/mo rent with $658/mo cash flow after a $2,545/mo payment. Total monthly income equals $4,364/mo, and annual cash flow comes to $7,892/yr on $171,080 invested. Return on cash invested is 24.67% in year one, and rental yield stands at 10.07% on a $520,000 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,666 by year five. Five-year ROI measures 129.6% and total cumulative return in cash reaches $221,723. For financing, Ziffy Mortgage’s DSCR program evaluates $4,364/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
0.41 Acres 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: Jessica Plath • EXP Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22513989
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.