432 Garfield AvenueAvon By The SeaNJ07717
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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 Avon By The Sea at 432 Garfield Avenue, Avon By The Sea, NJ, 07717 at $1,379,000 posts ROI 2.36% with from $3,124/mo rent. Total monthly income equals $3,124/mo. Return on cash invested measures 2.36% and rental yield reads 2.72% at the current $1,379,000. Equity gained on principal adds $8,898/yr, and 5% annual appreciation supports $380,992 by year five. Five-year ROI prints 9.9% and total cumulative return in cash totals $44,246. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,124/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1914
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07717, Avon By The Sea, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 585 (43.7%) |
| Renter Occupied HU | 319 (23.8%) |
| Vacant Housing Units | 434 (32.4%) |
| Median Home Value | $1,356,218 |
| Average Home Value | $1,450,564 |
Housing Distribution
Address Breakdown
Residential
1,189
Single Family
1,073
Multi-Family
116
Businesses
122
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Listed by: Kelly Cutillo • Diane Turton, Realtors-Avon
Mls Name: MOMLS
Mls ID: #22522572