401 Overlook DriveNeptuneNJ07753
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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
Investment property for sale in Neptune at 401 Overlook Drive, Neptune, NJ, 07753 offers a 5.19% rental yield on a $1,920,000 purchase with $8,303/mo rent. 99% in year one. Equity gained on principal adds $12,389/yr while 5% annual appreciation supports $530,461 over five years. Portfolio math shows five-year ROI at 50.8% and total cumulative return in cash at $316,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,303/mo property income against a $9,397/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07753, Neptune, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,978 (100%) |
| Owner Occupied HU | 10,727 (63.2%) |
| Renter Occupied HU | 5,243 (30.9%) |
| Vacant Housing Units | 1,008 ( 5.9%) |
| Median Home Value | $469,423 |
| Average Home Value | $541,040 |
Housing Distribution
Address Breakdown
Residential
16,140
Single Family
14,110
Multi-Family
2,030
Businesses
1,097
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Listed by: Kimberly Newsome • C21 Thomson & Co.
Mls Name: MoreMLS
Mls ID: #22513900