7 Pimlico CourtWest Long BranchNJ07764
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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 West Long Branch at 7 Pimlico Court, West Long Branch, NJ, 07764 priced at $520,000 pairs $3,512/mo rent with after a $2,545/mo payment. Total monthly income equals $3,512/mo. Return on cash invested is 15.6% in year one, and rental yield stands at 8.1% on a $520,000 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,666 by year five. Five-year ROI measures 82.09% and total cumulative return in cash reaches $140,435. For financing, Ziffy Mortgage’s DSCR program evaluates $3,512/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
871.20 sqft lot
$N/A/sqft
$441 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07764, West Long Branch, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,855 (100%) |
| Owner Occupied HU | 2,013 (70.5%) |
| Renter Occupied HU | 632 (22.1%) |
| Vacant Housing Units | 210 ( 7.4%) |
| Median Home Value | $742,114 |
| Average Home Value | $833,515 |
Housing Distribution
Address Breakdown
Residential
2,735
Single Family
2,555
Multi-Family
180
Businesses
429
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Listed by: Michael Smith • Weichert Realtors-Rumson
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22514234
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.