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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Laurence Harbor at 127 Morningside Ave, Laurence Harbor, NJ, 08879 priced at $349,999 pairs $2,854/mo rent with $359/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,854/mo, and annual cash flow comes to $4,312/yr on $116,025 invested. Return on cash invested is 23.63% in year one, and rental yield stands at 9.79% on a $349,999 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,698 by year five. Five-year ROI measures 124.02% and total cumulative return in cash reaches $143,894. For financing, Ziffy Mortgage’s DSCR program evaluates $2,854/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08879, South Amboy, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,470 (100%) |
| Owner Occupied HU | 5,998 (57.3%) |
| Renter Occupied HU | 4,130 (39.4%) |
| Vacant Housing Units | 342 ( 3.3%) |
| Median Home Value | $445,825 |
| Average Home Value | $492,152 |
Residential
9,414
Single Family
8,876
Multi-Family
538
Businesses
518
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Listed for sale | $349,999 |
| 2025-01-02 | Contingent | $349,999 |
| 2024-12-10 | Listed for sale | $349,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $5944.75 | 4.30% | $107,500 | N/A |
| 2023-02-18 | $5699.65 | 2.34% | $107,500 | N/A |
| 2022-02-18 | $5569.58 | 1.69% | $107,500 | N/A |
Listed by: Brittney Pollins • ACTION PLUS REALTY C-21
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2507081R
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