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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Asbury at 385 Tunnel Rd, Asbury, NJ, 08802 at $520,000 posts ROI 19.54% with from $3,632/mo rent. Total monthly income equals $3,632/mo. Return on cash invested measures 19.54% and rental yield reads 8.38% at the current $520,000. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,666 by year five. Five-year ROI prints 102.07% and total cumulative return in cash totals $174,623. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,632/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08802, Asbury, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 1,380 (88.1%) |
| Renter Occupied HU | 130 ( 8.3%) |
| Vacant Housing Units | 56 ( 3.6%) |
| Median Home Value | $557,955 |
| Average Home Value | $569,612 |
Residential
1,459
Single Family
1,459
Multi-Family
0
Businesses
86
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lisa Middleton • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3985698
