460 20th St #2AvalonNJ08202
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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 Avalon at 460 20th St #2, Avalon, NJ, 08202 offers a 4.24% rental yield on a $1,189,000 purchase with $4,200/mo rent. 05% in year one. Equity gained on principal adds $7,672/yr while 5% annual appreciation supports $328,499 over five years. Portfolio math shows five-year ROI at 35.06% and total cumulative return in cash at $135,074. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $5,820/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A 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
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Listed by: Augustus Purdy • A LEWIS PURDY REAL ESTATE INC
Mls Name: CMCAOR
Mls ID: #251961