342 Lincoln AvenueAvon By The SeaNJ07717
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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
Total monthly income runs $4,721/mo, and a $9,789/mo payment. Purchase price stands at $1,999,999, and rental yield measures 2.83% with $4,721/mo rent. Return on cash invested shows 2.71% in year one, and 5% annual appreciation builds toward $552,563 over five years. Five-year ROI reaches 11.79% and total cumulative return in cash records $76,399. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,721/mo property income covering a $9,789/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07717, Avon By The Sea, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 585 (43.7%) |
| Renter Occupied HU | 319 (23.8%) |
| Vacant Housing Units | 434 (32.4%) |
| Median Home Value | $1,356,218 |
| Average Home Value | $1,450,564 |
Housing Distribution
Address Breakdown
Residential
1,189
Single Family
1,073
Multi-Family
116
Businesses
122
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Listed by: James Child • RE/MAX Achievers
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22517182
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.