675 Ocean Avenue #4ILong BranchNJ07740
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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 Long Branch at 675 Ocean Avenue #4I, Long Branch, NJ, 07740 priced at $1,549,900 pairs $4,928/mo rent with after a $7,586/mo payment. Total monthly income equals $4,928/mo. Return on cash invested is 5.75% in year one, and rental yield stands at 3.82% on a $1,549,900 basis. Equity gained on principal adds $10,001/yr, and 5% annual appreciation accumulates to $428,209 by year five. Five-year ROI measures 28.06% and total cumulative return in cash reaches $140,898. For financing, Ziffy Mortgage’s DSCR program evaluates $4,928/mo property income against a $7,586/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in N/A
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07740, Long Branch, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,617
Single Family
10,842
Multi-Family
2,775
Businesses
917
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Listed by: Daniel Effenberger • O'Brien Realty, LLC
Mls Name: MoreMLS
Mls ID: #22534676