735 Greens Avenue UNIT 18ALong 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
Investment property for sale in Long Branch at 735 Greens Avenue UNIT 18A, Long Branch, NJ, 07740 offers a 10.19% rental yield on a $379,000 purchase with $3,217/mo rent. Total monthly income registers $3,217/mo, and a $1,855/mo payment leaves $516/mo available for distribution. Annual cash flow reaches $6,187/yr on $125,639 to close, and return on cash invested stands at 24.83% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 130.5% and total cumulative return in cash at $163,955. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,217/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1960
2.49 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: Vivian Marshall • Cathy Ades Real Estate LLC
Mls Name: MOMLS
Mls ID: #22519954