121 Florence AveUnion BeachNJ07735
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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
Rental property for sale in Union Beach at 121 Florence Ave, Union Beach, NJ, 07735 offers $3,258/mo rent that, after a $4,645/mo payment. Total monthly income is $3,258/mo. Return on cash invested measures 6.58% in year one, and rental yield stands at 4.12% at a $949,000 entry. Equity gained on principal adds $6,124/yr while 5% annual appreciation compounds into $262,191 by year five. Five-year ROI records 32.59% and total cumulative return in cash reaches $101,760. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,258/mo property income versus a $4,645/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1951
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07735, Keyport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 5,319 (68.1%) |
| Renter Occupied HU | 2,111 (27.0%) |
| Vacant Housing Units | 380 ( 4.9%) |
| Median Home Value | $448,685 |
| Average Home Value | $493,582 |
Housing Distribution
Address Breakdown
Residential
7,714
Single Family
7,173
Multi-Family
541
Businesses
579
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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