151 Shore BoulevardKeansburgNJ07734
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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 151 Shore Boulevard, Keansburg, NJ, 07734 offers $2,699/mo rent that, after a $3,181/mo payment. Total monthly income is $2,699/mo. Return on cash invested measures 9.21% in year one, and rental yield stands at 4.98% at a $649,999 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 46.68% and total cumulative return in cash reaches $99,817. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,699/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
8,276 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: Laura Sciove • Green Light Realty
Mls Name: MOMLS
Mls ID: #22523885