34 Broad Street UNIT 309ManasquanNJ08736
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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 Manasquan at 34 Broad Street UNIT 309, Manasquan, NJ, 08736 earns from $5,428/mo rent with a $5,284/mo payment. Total monthly income totals $5,428/mo. ROI tracks 11.3% on current figures, and rental yield reads 6.03% at a $1,079,500 purchase. Equity gained on principal adds $6,966/yr, and 5% annual appreciation supports $298,246 over five years. Five-year ROI reaches 58.31% and total cumulative return in cash sums $203,955. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,428/mo property income instead of your personal income.
Condo
Built in N/A
9,147 sqft lot
$N/A/sqft
$377 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08736, Manasquan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,356 (100%) |
| Owner Occupied HU | 4,432 (69.7%) |
| Renter Occupied HU | 817 (12.9%) |
| Vacant Housing Units | 1,107 (17.4%) |
| Median Home Value | $865,375 |
| Average Home Value | $943,515 |
Housing Distribution
Address Breakdown
Residential
5,692
Single Family
5,642
Multi-Family
50
Businesses
869
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Listed by: Keith W Kernan • Ward Wight Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22325130
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.