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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 West Long Branch at 6 Chestnut Place, West Long Branch, NJ, 07764 with 5% annual appreciation on a $805,000 basis while $3,661/mo rent supports operations. 65% in year one. Equity gained on principal adds $5,195/yr, and five-year appreciation sums $222,407 alongside rental yield of 5.46%. Five-year ROI measures 54.41% and total cumulative return in cash totals $144,101. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,661/mo property income versus a $3,940/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1929
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07764, West Long Branch, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,855 (100%) |
| Owner Occupied HU | 2,013 (70.5%) |
| Renter Occupied HU | 632 (22.1%) |
| Vacant Housing Units | 210 ( 7.4%) |
| Median Home Value | $742,114 |
| Average Home Value | $833,515 |
Residential
2,735
Single Family
2,555
Multi-Family
180
Businesses
429
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Listed for sale | $805,000 |
| 2023-01-03 | Sold | $600,000 |
| 2022-11-30 | Pending sale | $670,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-19 | $10478.73 | 4.79% | $804,200 | 12.35% |
| 2023-02-19 | $9999.73 | 0.99% | $715,800 | 12.85% |
| 2022-02-19 | $9901.42 | 19.74% | $634,300 | 48.27% |
What's Special
Walk-up
Listed by: Barbara Bahary • G & G Agency Inc
Mls Name: MOMLS
Mls Provider:
Mls ID: #22424588
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.
