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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 392 Ocean Avenue #1205, Long Branch, NJ, 07740 earns from $2,632/mo rent with a $7,342/mo payment. Total monthly income totals $2,632/mo. ROI tracks 0.47% on current figures, and rental yield reads 2.11% at a $1,500,000 purchase. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,422 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,632/mo property income instead of your personal income.
Condo
Built in 2027
N/A 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: Teresa Minnick • Christies Int'l RE Group
Mls Name: MoreMLS
Mls ID: #22531655
