718 Fountain PlaceNeptuneNJ07753
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Neptune at 718 Fountain Place, Neptune, NJ, 07753 uses $253,001 cash to close to unlock $1,987/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $5,647/mo, and a $3,764/mo payment keeps the spread at $166/mo. Purchase price stands at $769,000, and rental yield measures 8.81% with $5,647/mo rent. Return on cash invested shows 20.85% in year one, and 5% annual appreciation builds toward $212,461 over five years. Five-year ROI reaches 109.07% and total cumulative return in cash records $275,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,647/mo property income covering a $3,764/mo payment rather than investor’s personal income.
Single Family
Built in 1989
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07753, Neptune, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,978 (100%) |
| Owner Occupied HU | 10,727 (63.2%) |
| Renter Occupied HU | 5,243 (30.9%) |
| Vacant Housing Units | 1,008 ( 5.9%) |
| Median Home Value | $469,423 |
| Average Home Value | $541,040 |
Housing Distribution
Address Breakdown
Residential
16,140
Single Family
14,110
Multi-Family
2,030
Businesses
1,097
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Anderson Jr. • Agosta Realty Group LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510674
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.