1301 Harris AvenueUnion 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
Investment property for sale in Union Beach at 1301 Harris Avenue, Union Beach, NJ, 07735 listed at $475,000 pairs $3,640/mo rent with a $2,325/mo payment to leave $254/mo cash flow. Total monthly income runs $3,640/mo, and annual cash flow reaches $3,050/yr on $157,463 cash to close. Return on cash invested measures 21.85% in year one, and rental yield registers 9.2% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 114.48% and total cumulative return in cash totals $180,259. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,640/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
4,791 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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Listed by: Daniel Karbownik • Keller Williams Realty Monmouth/Ocean
Mls Name: MoreMLS
Mls ID: #22600712