96 East Avenue #19Atlantic 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
Investment property for sale in Atlantic Highlands at 96 East Avenue #19, Atlantic Highlands, NJ, 07716 uses $94,444 cash to close to unlock $1,617/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $2,676/mo, and a $1,394/mo payment keeps the spread at $135/mo. Purchase price stands at $284,900, and rental yield measures 11.27% with $2,676/mo rent. Return on cash invested shows 21.62% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 115.62% and total cumulative return in cash records $109,199. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,676/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Condo
Built in 1969
435.60 sqft lot
$N/A/sqft
$511 monthly 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: Nancy Loureiro • Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22526424
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.