15 Adams StreetMorganvilleNJ07751
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 Morganville at 15 Adams Street, Morganville, NJ, 07751 priced at $949,999 pairs $6,793/mo rent with $21/mo cash flow after a $4,650/mo payment. Total monthly income equals $6,793/mo, and annual cash flow comes to $256/yr on $312,550 invested. Return on cash invested is 20.14% in year one, and rental yield stands at 8.58% on a $949,999 basis. Equity gained on principal adds $6,130/yr, and 5% annual appreciation accumulates to $262,467 by year five. Five-year ROI measures 105.31% and total cumulative return in cash reaches $329,137. For financing, Ziffy Mortgage’s DSCR program evaluates $6,793/mo property income against a $4,650/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07751, Morganville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,396 (100%) |
| Owner Occupied HU | 6,077 (82.2%) |
| Renter Occupied HU | 1,061 (14.3%) |
| Vacant Housing Units | 258 ( 3.5%) |
| Median Home Value | $782,825 |
| Average Home Value | $806,098 |
Housing Distribution
Address Breakdown
Residential
7,170
Single Family
7,021
Multi-Family
149
Businesses
479
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Listed by: Andrea Dipilato • Preferred Properties Real Estate
Mls Name: MOMLS
Mls Provider:
Mls ID: #22517979
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.