18 Village RoadMorganvilleNJ07751
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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 Morganville at 18 Village Road, Morganville, NJ, 07751 priced at $320,000 converts $2,144/mo rent into after a $1,566/mo obligation. Total monthly income equals $2,144/mo. Return on cash invested prints 18.36% in year one, and rental yield reads 8.04% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 95.81% and total cumulative return in cash sums $101,631. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,144/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5,000 sqft 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: Frank Serpineto • VRI Homes
Mls Name: MoreMLS
Mls ID: #22535554