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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Long Branch at 580 Patten Avenue UNIT 51, Long Branch, NJ, 07740 earns $2,015/mo cash flow from $8,340/mo rent with a $3,916/mo payment. Total monthly income totals $8,340/mo, and annual cash flow totals $24,184/yr on $263,200 capital. ROI tracks 29.25% on current figures, and rental yield reads 12.51% at a $799,999 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 over five years. Five-year ROI reaches 155.17% and total cumulative return in cash sums $408,403. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,340/mo property income instead of your personal income.
Single Family
Built in 1985
N/A lot
$N/A/sqft
$622 monthly HOA
Neighborhood data shown for ZIP Code: 07740, Long Branch, NJ area.
| 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 |
Residential
13,617
Single Family
10,842
Multi-Family
2,775
Businesses
917
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $799,999 |
| 2024-11-08 | Listing removed | $799,999 |
| 2024-10-03 | Listed for sale | $799,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-27 | $10151.89 | 16.36% | $660,500 | 17.57% |
| 2023-04-27 | $8724.75 | -6.01% | $561,800 | 8.52% |
| 2022-04-27 | $9282.36 | -12.44% | $517,700 | -2.28% |
What's Special
Pull Down Stairs
Listed by: Kerrin O'brien • O'Brien Realty, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511888
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.
