404 Brookside AvenueOakhurstNJ07755
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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 Oakhurst at 404 Brookside Avenue, Oakhurst, NJ, 07755 priced at $1,450,000 converts $2,978/mo rent into after a $7,097/mo obligation. Total monthly income equals $2,978/mo. Return on cash invested prints 1.58% in year one, and rental yield reads 2.46% against a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 5.7% and total cumulative return in cash sums $26,769. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,978/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.53 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Catherine Ades • Cathy Ades Real Estate LLC
Mls Name: MoreMLS
Mls ID: #22532141