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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 Long Branch at 388 Ocean Avenue N UNIT 6D, Long Branch, NJ, 07740 projects strong ROI of 6.22%. Rental yield 3.97%. With 5% annual appreciation, the property builds $759,774 in value over five years. Equity growth combined delivers a projected five-year ROI of 30.61%, translating into $272,713 in total cumulative return on $891,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 1988
7.02 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07740, Long Branch, NJ area.
| 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 |
Residential
13,617
Single Family
10,842
Multi-Family
2,775
Businesses
917
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: Kathleen Russello • Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Mls Name: MOMLS
Mls ID: #22519493
