364 Westwood Avenue #52Long BranchNJ07740
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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 Long Branch at 364 Westwood Avenue #52, Long Branch, NJ, 07740 earns $513/mo cash flow from $2,644/mo rent with a $1,463/mo payment. Total monthly income totals $2,644/mo, and annual cash flow totals $6,159/yr on $99,119 capital. ROI tracks 26.12% on current figures, and rental yield reads 10.61% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 137.42% and total cumulative return in cash sums $136,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,644/mo property income instead of your personal income.
Condo
Built in 1965
1.03 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
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Listed by: Alex Saka • Avenue Realty NJ
Mls Name: MoreMLS
Mls ID: #22600918