15 Waackaack AvenueKeansburgNJ07734
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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 Keansburg at 15 Waackaack Avenue, Keansburg, NJ, 07734 priced at $374,000 pairs $3,740/mo rent with $1,074/mo cash flow after a $1,831/mo payment. Total monthly income equals $3,740/mo, and annual cash flow comes to $12,885/yr on $123,981 invested. Return on cash invested is 30.3% in year one, and rental yield stands at 12% on a $374,000 basis. Equity gained on principal adds $2,413/yr, and 5% annual appreciation accumulates to $103,329 by year five. Five-year ROI measures 159.81% and total cumulative return in cash reaches $198,133. For financing, Ziffy Mortgage’s DSCR program evaluates $3,740/mo property income against a $1,831/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07734, Keansburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,878 (100%) |
| Owner Occupied HU | 2,984 (50.8%) |
| Renter Occupied HU | 2,227 (37.9%) |
| Vacant Housing Units | 667 (11.3%) |
| Median Home Value | $338,365 |
| Average Home Value | $364,956 |
Housing Distribution
Address Breakdown
Residential
5,106
Single Family
4,641
Multi-Family
465
Businesses
184
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Listed by: Vincent Alu • Lighthouse Realty of NJ, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22506983
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.