44 E Long Branch AvenueOcean GateNJ08740
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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 Ocean Gate at 44 E Long Branch Avenue, Ocean Gate, NJ, 08740 listed at $494,200 pairs $3,505/mo rent with a $2,419/mo payment. Total monthly income runs $3,505/mo. Return on cash invested measures 19.78% in year one, and rental yield registers 8.51% at a $494,200 basis. Equity gained on principal adds $3,189/yr, and annual property appreciation at 5% supports $136,538 by year five. Five-year ROI tracks 103.4% and total cumulative return in cash totals $169,391. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,505/mo property income relative to a $2,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1908
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08740, Ocean Gate, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 610 (52.6%) |
| Renter Occupied HU | 244 (21.1%) |
| Vacant Housing Units | 305 (26.3%) |
| Median Home Value | $417,460 |
| Average Home Value | $555,467 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
43
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Listed by: Simcha Landman • HomeSmart First Advantage
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511445
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.