70 Valley Drive EAtlantic HighlandsNJ07716
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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 Atlantic Highlands at 70 Valley Drive E, Atlantic Highlands, NJ, 07716 priced at $1,649,000 converts $4,962/mo rent into after a $8,071/mo obligation. Total monthly income equals $4,962/mo. Return on cash invested prints 5.12% in year one, and rental yield reads 3.61% against a $1,649,000 entry. Equity gained on principal adds $10,641/yr, while 5% annual appreciation compiles into $455,588 by year five. Five-year ROI reaches 24.68% and total cumulative return in cash sums $131,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,962/mo property income covering a $8,071/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07716, Atlantic Highlands, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,023 (100%) |
| Owner Occupied HU | 2,544 (63.2%) |
| Renter Occupied HU | 1,216 (30.2%) |
| Vacant Housing Units | 263 ( 6.5%) |
| Median Home Value | $788,732 |
| Average Home Value | $937,284 |
Housing Distribution
Address Breakdown
Residential
3,852
Single Family
3,448
Multi-Family
404
Businesses
343
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Listed by: Catherine Lacey Cusano • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22601697