96 East Ave APT 104Atlantic HighlandsNJ07716
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Atlantic Highlands at 96 East Ave APT 104, Atlantic Highlands, NJ, 07716 offers a 10.71% rental yield on a $299,900 purchase with $2,677/mo rent. Total monthly income registers $2,677/mo, and a $1,468/mo payment leaves $539/mo available for distribution. Annual cash flow reaches $6,471/yr on $99,417 to close, and return on cash invested stands at 26.42% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 139.02% and total cumulative return in cash at $138,208. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,677/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
483.52 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: GRAZIELLA CARUSO • EXP REALTY, LLC
Mls Name: All Jersey MLS
Mls ID: #2602449R