8 E Garfield AvenueAtlantic 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 8 E Garfield Avenue, Atlantic Highlands, NJ, 07716 generates $4,440/mo in rent, after a $6,779/mo payment. Total monthly income is $4,440/mo. Return on cash invested sits at 5.84% in year one, and rental yield is 3.85% on a $1,385,100 entry. Equity gained on principal adds $8,938/yr, while 5% annual appreciation builds toward $382,678 over five years. Five-year ROI reaches 28.58% and total cumulative return in cash sums $128,253. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,440/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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: Linda Kirk • D. R . Horton Realty of Atlantic County LLC
Mls Name: MoreMLS
Mls ID: #22532677