55 Highway 35 #28NeptuneNJ07753
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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 Neptune at 55 Highway 35 #28, Neptune, NJ, 07753 offers a 9.19% rental yield on a $179,900 purchase with $1,378/mo rent. Total monthly income registers $1,378/mo, and a $881/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,143/yr on $59,637 to close, and return on cash invested stands at 21.82% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 114.41% and total cumulative return in cash at $68,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,378/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07753, Neptune, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,978 (100%) |
| Owner Occupied HU | 10,727 (63.2%) |
| Renter Occupied HU | 5,243 (30.9%) |
| Vacant Housing Units | 1,008 ( 5.9%) |
| Median Home Value | $469,423 |
| Average Home Value | $541,040 |
Housing Distribution
Address Breakdown
Residential
16,140
Single Family
14,110
Multi-Family
2,030
Businesses
1,097
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Listed by: Diane Ailor • C21/ Solid Gold Realty
Mls Name: MoreMLS
Mls ID: #22536665