96 East Avenue #23Atlantic 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 #23, Atlantic Highlands, NJ, 07716 earns $1,008/mo cash flow from $3,253/mo rent with a $1,542/mo payment. Total monthly income totals $3,253/mo, and annual cash flow totals $12,090/yr on $104,423 capital. ROI tracks 31.49% on current figures, and rental yield reads 12.39% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 166.19% and total cumulative return in cash sums $173,537. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,253/mo property income instead of your personal income.
Condo
Built in 1969
1.04 Acres 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: Jodi L Thatcher • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22526927