








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 at 502 Ludlow Station Rd, Asbury, NJ, 08802 offers a 8.42% rental yield on a $525,000 purchase with $3,685/mo rent. 66% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 102.73% and total cumulative return in cash at $177,441. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,685/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
3.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08802, Asbury, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 1,380 (88.1%) |
| Renter Occupied HU | 130 ( 8.3%) |
| Vacant Housing Units | 56 ( 3.6%) |
| Median Home Value | $557,955 |
| Average Home Value | $569,612 |
Residential
1,459
Single Family
1,459
Multi-Family
0
Businesses
86
Date | Event | Price |
|---|---|---|
| 2025-06-28 | Listed for sale | $525,000 |
| 2020-09-29 | Sold | $380,000 |
| 2020-07-28 | Listed for sale | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $8522.29 | 3.92% | $261,500 | N/A |
| 2023-06-30 | $8200.64 | 3.81% | $261,500 | N/A |
| 2022-06-30 | $7899.92 | 6.70% | $261,500 | N/A |



Listed by: Kathy A. Beaumont • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3972066
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