89 Asbury Broadway RdAsburyNJ08802
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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 Asbury at 89 Asbury Broadway Rd, Asbury, NJ, 08802 at $668,000 posts ROI 2.91% with from $1,620/mo rent. Total monthly income equals $1,620/mo. Return on cash invested measures 2.91% and rental yield reads 2.91% at the current $668,000. Equity gained on principal adds $4,311/yr, and 5% annual appreciation supports $184,556 by year five. Five-year ROI prints 12.88% and total cumulative return in cash totals $28,309. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08802, Asbury, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 1,380 (88.1%) |
| Renter Occupied HU | 130 ( 8.3%) |
| Vacant Housing Units | 56 ( 3.6%) |
| Median Home Value | $557,955 |
| Average Home Value | $569,612 |
Housing Distribution
Address Breakdown
Residential
1,459
Single Family
1,459
Multi-Family
0
Businesses
86
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Nearby investment properties with comparable prices
Listed by: Rebecca Matyash • Keller Williams Greater Brunswick
Mls Name: Bright MLS
Mls ID: #NJWR2000478