330 Shore Drive #F5HighlandsNJ07732
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 330 Shore Drive #F5, Highlands, NJ, 07732 in Highlands is the 1.53 coverage ratio: rent of $2,646/mo versus a $1,731/mo debt payment on a $385,000 property. Rental yield 8.25%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $106,368 by year five, with $3,546/yr in equity from paydown. Total projected cumulative return: $141,292.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $(98) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,646 |
| Total Monthly Debt Service | $2,591 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1975
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rose M O'Neill • EXP Realty
Mls Name: MoreMLS
Mls ID: #22525973