60 Essex DriveLittle SilverNJ07739
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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 Little Silver at 60 Essex Drive, Little Silver, NJ, 07739 earns $362/mo cash flow from $4,926/mo rent with a $2,887/mo payment. Total monthly income totals $4,926/mo, and annual cash flow totals $4,339/yr on $194,077 capital. ROI tracks 22.3% on current figures, and rental yield reads 10.02% at a $589,900 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $162,978 over five years. Five-year ROI reaches 117.66% and total cumulative return in cash sums $228,357. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,926/mo property income instead of your personal income.
Townhouse
Built in 1985
1,306 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07739, Little Silver, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,317 (100%) |
| Owner Occupied HU | 2,064 (89.1%) |
| Renter Occupied HU | 129 ( 5.6%) |
| Vacant Housing Units | 124 ( 5.4%) |
| Median Home Value | $966,171 |
| Average Home Value | $1,109,014 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,301
Multi-Family
0
Businesses
313
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Listed by: Jerilyn Restivo • Heritage House Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22430147
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.