4 Alpaugh DrAsburyNJ08802
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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
Rental property for sale in Asbury at 4 Alpaugh Dr, Asbury, NJ, 08802 priced at $899,000 converts $1,620/mo rent into after a $4,400/mo obligation. Total monthly income equals $1,620/mo. Return on cash invested prints 0.64% in year one, and rental yield reads 2.16% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 0.7% and total cumulative return in cash sums $2,074. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08802, Asbury, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,459
Single Family
1,459
Multi-Family
0
Businesses
86
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Listed by: Peter Lorenzo • Keller Williams Metropolitan
Mls Name: GSMLS
Mls ID: #4003693