96 East Avenue #75Atlantic 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 #75, Atlantic Highlands, NJ, 07716 earns $94/mo cash flow from $2,736/mo rent with a $1,463/mo payment. Total monthly income totals $2,736/mo, and annual cash flow totals $1,134/yr on $99,085 capital. ROI tracks 21.05% on current figures, and rental yield reads 10.98% at a $298,900 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,581 over five years. Five-year ROI reaches 112.48% and total cumulative return in cash sums $111,447. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,736/mo property income instead of your 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: Heidi Modjeski • Patrick Parker Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22528006
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.