510 Blanchard ParkwayAllenhurstNJ07711
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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 Allenhurst at 510 Blanchard Parkway, Allenhurst, NJ, 07711 offers $2,886/mo rent that, after a $8,321/mo payment. Total monthly income is $2,886/mo. Return on cash invested measures 0.26% in year one, and rental yield stands at 2.04% at a $1,700,000 entry. Equity gained on principal adds $10,970/yr while 5% annual appreciation compounds into $469,679 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,886/mo property income versus a $8,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07711, Allenhurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 451 (50.1%) |
| Renter Occupied HU | 172 (19.1%) |
| Vacant Housing Units | 277 (30.8%) |
| Median Home Value | $1,082,692 |
| Average Home Value | $1,203,326 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
844
Multi-Family
12
Businesses
157
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Listed by: Gillian Harari • Avenue Realty NJ
Mls Name: MoreMLS
Mls ID: #22527998