131 3rd StreetKeyportNJ07735
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 Keyport at 131 3rd Street, Keyport, NJ, 07735 offers $3,305/mo rent that, after a $2,885/mo payment. Total monthly income is $3,305/mo. Return on cash invested measures 14.51% in year one, and rental yield stands at 6.73% at a $589,500 entry. Equity gained on principal adds $3,804/yr while 5% annual appreciation compounds into $162,868 by year five. Five-year ROI records 75.12% and total cumulative return in cash reaches $145,695. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,305/mo property income versus a $2,885/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,125 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: George Pavlushkin • RE/MAX Central
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518856
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.