569 Winter StreetLong BranchNJ07740
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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
Rental property for sale in Long Branch at 569 Winter Street, Long Branch, NJ, 07740 priced at $350,000 converts $3,690/mo rent into $1,195/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,690/mo, and annual cash flow totals $14,344/yr on $116,025 invested. Return on cash invested prints 32.27% in year one, and rental yield reads 12.65% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 170.39% and total cumulative return in cash sums $197,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,690/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07740, Long Branch, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,802 (100%) |
| Owner Occupied HU | 5,493 (34.8%) |
| Renter Occupied HU | 7,586 (48.0%) |
| Vacant Housing Units | 2,723 (17.2%) |
| Median Home Value | $636,006 |
| Average Home Value | $729,856 |
Housing Distribution
Address Breakdown
Residential
13,617
Single Family
10,842
Multi-Family
2,775
Businesses
917
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Listed by: Terrance Brewer • Compass New Jersey , LLC
Mls Name: MoreMLS
Mls ID: #22524560