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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 Highlands at 7 Beach Boulevard, Highlands, NJ, 07732 with 5% annual appreciation on a $700,000 basis while $6,534/mo rent supports operations. Total monthly income totals $6,534/mo and a $3,426/mo payment preserves $795/mo for cash returns. Annual cash flow comes to $9,536/yr on $230,300 deployed, and return on cash invested reaches 24.2% in year one. Equity gained on principal adds $4,517/yr, and five-year appreciation sums $193,397 alongside rental yield of 11.2%. Five-year ROI measures 128.48% and total cumulative return in cash totals $295,888.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,534/mo property income versus a $3,426/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2002
4.17 Acres lot
$N/A/sqft
$750 monthly HOA
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
Date | Event | Price |
|---|---|---|
| 2022-05-05 | Sold | $605,000 |
| 2022-02-23 | Pending sale | $599,900 |
| 2022-02-23 | Contingent | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $10379.16 | 11.97% | $524,200 | 13.44% |
| 2023-05-22 | $9269.73 | 31.83% | $462,100 | 41.49% |
| 2022-05-22 | $7031.70 | -4.18% | $326,600 | 10.41% |
What's Special
Pull Down Stairs
Listed by: Nicole Rabbat Levine • Heritage House Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22514613
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.
