








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 Allenwood at 3404 Sandpiper Way, Allenwood, NJ, 08720 offers a 5.94% rental yield on a $1,230,000 purchase with $6,088/mo rent. 3% in year one. Equity gained on principal adds $7,937/yr while 5% annual appreciation supports $339,826 over five years. Portfolio math shows five-year ROI at 63.21% and total cumulative return in cash at $251,914. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,088/mo property income against a $6,020/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08720, Allenwood, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 210 (100%) |
| Owner Occupied HU | 200 (95.2%) |
| Renter Occupied HU | 8 ( 3.8%) |
| Vacant Housing Units | 2 ( 1.0%) |
| Median Home Value | $790,179 |
| Average Home Value | $783,688 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
132
Date | Event | Price |
|---|---|---|
| 2012-09-03 | Listing removed | $579,000 |
| 2012-05-01 | Price change | $579,000 |
| 2012-04-03 | Listed for sale | $620,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $11703.98 | -0.68% | $575,700 | N/A |
| 2023-06-03 | $11784.58 | 1.74% | $575,700 | N/A |
| 2022-06-03 | $11583.08 | 0.75% | $575,700 | N/A |



Listed by: Wendy M Smith • RE/MAX Gateway
Mls Name: MOMLS
Mls Provider:
Mls ID: #22516064
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.