448 Avalon BlvdAvalonNJ08202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Avalon at 448 Avalon Blvd, Avalon, NJ, 08202 priced at $1,899,000 converts $4,420/mo rent into after a $9,295/mo obligation. Total monthly income equals $4,420/mo. Return on cash invested prints 2.59% in year one, and rental yield reads 2.79% against a $1,899,000 entry. Equity gained on principal adds $12,254/yr, while 5% annual appreciation compiles into $524,659 by year five. Five-year ROI reaches 11.13% and total cumulative return in cash sums $68,485. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,420/mo property income covering a $9,295/mo payment, not borrower’s personal income.
Single Family
Built in 2005
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08202, Avalon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,849 (100%) |
| Owner Occupied HU | 625 (10.7%) |
| Renter Occupied HU | 73 ( 1.2%) |
| Vacant Housing Units | 5,151 (88.1%) |
| Median Home Value | $1,636,598 |
| Average Home Value | $1,600,528 |
Housing Distribution
Address Breakdown
Residential
1,827
Single Family
1,813
Multi-Family
14
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John "Jack" P Vizzard • BERKSHIRE HATHAWAY HS FOX & ROACH - AV
Mls Name: CMCAOR
Mls ID: #253116