103 Carr AvenueKeansburgNJ07734
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
Rental property for sale in Keansburg at 103 Carr Avenue, Keansburg, NJ, 07734 priced at $480,000 pairs $3,887/mo rent with $466/mo cash flow after a $2,349/mo payment. Total monthly income equals $3,887/mo, and annual cash flow comes to $5,592/yr on $159,120 invested. Return on cash invested is 23.42% in year one, and rental yield stands at 9.72% on a $480,000 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,615 by year five. Five-year ROI measures 122.91% and total cumulative return in cash reaches $195,569. For financing, Ziffy Mortgage’s DSCR program evaluates $3,887/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07734, Keansburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,878 (100%) |
| Owner Occupied HU | 2,984 (50.8%) |
| Renter Occupied HU | 2,227 (37.9%) |
| Vacant Housing Units | 667 (11.3%) |
| Median Home Value | $338,365 |
| Average Home Value | $364,956 |
Housing Distribution
Address Breakdown
Residential
5,106
Single Family
4,641
Multi-Family
465
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peter Cunha • Real Broker, LLC
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22514366
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.