415A Lake Ave, Asbury Park, NJ, 07712 | 3.17% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,360/mo, and a $6,226/mo payment. Purchase price stands at $1,272,000, and rental yield measures 3.17% with $3,360/mo rent. Return on cash invested shows 3.75% in year one, and 5% annual appreciation builds toward $351,430 over five years. Five-year ROI reaches 17.38% and total cumulative return in cash records $71,613. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $6,226/mo payment rather than investor’s personal income.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 07712, Asbury Park, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,067 (100%)
Owner Occupied HU	8,930 (44.5%)
Renter Occupied HU	9,346 (46.6%)
Vacant Housing Units	1,791 ( 8.9%)
Median Home Value	$657,840
Average Home Value	$712,237