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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Asbury Park at 44 Charles Court #3304, Asbury Park, NJ, 07712 listed at $625,000 pairs $4,166/mo rent with a $3,059/mo payment. Total monthly income runs $4,166/mo. Return on cash invested measures 18.37% in year one, and rental yield registers 8% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 95.84% and total cumulative return in cash totals $197,077. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,166/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07712, Asbury Park, NJ area.
| 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 |
Residential
18,546
Single Family
14,594
Multi-Family
3,952
Businesses
1,468
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stacy Stefani • Jack Green Realty
Mls Name: MoreMLS
Mls ID: #22529089
