158 Nathan DriveMorganvilleNJ07751
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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 Morganville at 158 Nathan Drive, Morganville, NJ, 07751 uses $226,977 cash to close to unlock $4,335/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $5,279/mo, and a $3,377/mo payment keeps the spread at $361/mo. Purchase price stands at $689,900, and rental yield measures 9.18% with $5,279/mo rent. Return on cash invested shows 21.97% in year one, and 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 115.12% and total cumulative return in cash records $261,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,279/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A 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: Giovanni Randazzo • RE/MAX Central
Mls Name: MOMLS
Mls ID: #22520998