8 N 33rd AveLongportNJ08403
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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 Longport at 8 N 33rd Ave, Longport, NJ, 08403 with 5% annual appreciation on a $1,750,000 basis while $4,319/mo rent supports operations. 11% in year one. Equity gained on principal adds $11,292/yr, and five-year appreciation sums $483,493 alongside rental yield of 2.96%. Five-year ROI measures 13.93% and total cumulative return in cash totals $78,981. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,319/mo property income versus a $8,565/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
3,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08403, Longport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,716 (100%) |
| Owner Occupied HU | 436 (25.4%) |
| Renter Occupied HU | 48 ( 2.8%) |
| Vacant Housing Units | 1,232 (71.8%) |
| Median Home Value | $982,394 |
| Average Home Value | $1,192,288 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,114
Multi-Family
329
Businesses
11
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Listed by: Angel Dipentino • LONG and FOSTER REAL ESTATE INC-Longport
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #587536
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. 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.