338 E Warburton PlaceLong BranchNJ07740
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
Investment Highlights
Rental property for sale in Long Branch at 338 E Warburton Place, Long Branch, NJ, 07740 priced at $575,000 converts $4,693/mo rent into $595/mo cash flow after a $2,814/mo obligation. Total monthly income equals $4,693/mo, and annual cash flow totals $7,138/yr on $189,175 invested. Return on cash invested prints 23.83% in year one, and rental yield reads 9.79% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 125.08% and total cumulative return in cash sums $236,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,693/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 1907
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07740, Long Branch, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,802 (100%) |
| Owner Occupied HU | 5,493 (34.8%) |
| Renter Occupied HU | 7,586 (48.0%) |
| Vacant Housing Units | 2,723 (17.2%) |
| Median Home Value | $636,006 |
| Average Home Value | $729,856 |
Housing Distribution
Address Breakdown
Residential
13,617
Single Family
10,842
Multi-Family
2,775
Businesses
917
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marion A Osherovitz • Avenue Realty NJ
Mls Name: MOMLS
Mls Provider:
Mls ID: #22421906
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.