570 N Edgemere DriveAllenhurstNJ07711
Nearby investment properties with comparable rents
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
Investment property for sale in Allenhurst at 570 N Edgemere Drive, Allenhurst, NJ, 07711 projects strong ROI of 2.96%. Rental yield 2.91%. With 5% annual appreciation, the property builds $676,890 in value over five years. Equity growth combined delivers a projected five-year ROI of 13.12%, translating into $104,113 in total cumulative return on $793,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in N/A
9,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adele Cohen • Irwin Leventer Real Estate Inc
Mls Name: MOMLS
Mls Provider:
Mls ID: #22423017
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.