735 S Riverside DriveNeptuneNJ07753
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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 Neptune at 735 S Riverside Drive, Neptune, NJ, 07753 uses $175,949 cash to close to unlock $3,511/yr annual cash flow and $293/mo monthly cash flow. Total monthly income runs $4,105/mo, and a $2,618/mo payment keeps the spread at $293/mo. Purchase price stands at $534,800, and rental yield measures 9.21% with $4,105/mo rent. Return on cash invested shows 22.06% in year one, and 5% annual appreciation builds toward $147,755 over five years. Five-year ROI reaches 115.57% and total cumulative return in cash records $203,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,105/mo property income covering a $2,618/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.49 Acres 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
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Listed by: Cynthia Belcher • Jack Green Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22427412
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.