4 Clarence AvenueLong BranchNJ07740
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Long Branch at 4 Clarence Avenue, Long Branch, NJ, 07740 offers $2,972/mo rent that, after a $6,240/mo payment. Total monthly income is $2,972/mo. Return on cash invested measures 2.61% in year one, and rental yield stands at 2.8% at a $1,275,000 entry. Equity gained on principal adds $8,227/yr while 5% annual appreciation compounds into $352,259 by year five. Five-year ROI records 11.21% and total cumulative return in cash reaches $46,322. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,972/mo property income versus a $6,240/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara A Gindi • Town & Country Real Estate Consultants
Mls Name: MoreMLS
Mls ID: #22532705