623 Park AvenuePort MonmouthNJ07758
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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 Port Monmouth at 623 Park Avenue, Port Monmouth, NJ, 07758 at $689,900 posts ROI 16.55% with from $4,253/mo rent. Total monthly income equals $4,253/mo. Return on cash invested measures 16.55% and rental yield reads 7.4% at the current $689,900. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,607 by year five. Five-year ROI prints 86.02% and total cumulative return in cash totals $195,253. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,253/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07758, Port Monmouth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,869 (100%) |
| Owner Occupied HU | 1,529 (81.8%) |
| Renter Occupied HU | 269 (14.4%) |
| Vacant Housing Units | 71 ( 3.8%) |
| Median Home Value | $569,581 |
| Average Home Value | $682,402 |
Housing Distribution
Address Breakdown
Residential
1,856
Single Family
1,748
Multi-Family
108
Businesses
83
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Listed by: Marli Silver • EXP Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22517756
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.