608 Beechwood AvenueAllenhurstNJ07711
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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 Allenhurst at 608 Beechwood Avenue, Allenhurst, NJ, 07711 offers $2,237/mo rent that, after a $4,772/mo payment. Total monthly income is $2,237/mo. Return on cash invested measures 2.43% in year one, and rental yield stands at 2.75% at a $974,900 entry. Equity gained on principal adds $6,291/yr while 5% annual appreciation compounds into $269,347 by year five. Five-year ROI records 10.31% and total cumulative return in cash reaches $33,079. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,237/mo property income versus a $4,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
4,791 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
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Listed by: Julian James De Seno • Cathy Ades Real Estate LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22418954
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.