88 3rd 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
Total monthly income runs $5,069/mo, and a $4,405/mo payment. Purchase price stands at $900,000, and rental yield measures 6.76% with $5,069/mo rent. Return on cash invested shows 14.61% in year one, and 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 75.6% and total cumulative return in cash records $223,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,069/mo property income covering a $4,405/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,534 sqft 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: Steven J Kozusko • C21 Thomson & Co.
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518692
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.