231 Atlantic Street #83DKeyportNJ07735
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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 Keyport at 231 Atlantic Street #83D, Keyport, NJ, 07735 offers a 10.52% rental yield on a $349,000 purchase with $3,060/mo rent. Total monthly income registers $3,060/mo, and a $1,708/mo payment leaves $573/mo available for distribution. Annual cash flow reaches $6,871/yr on $115,694 to close, and return on cash invested stands at 25.85% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 135.93% and total cumulative return in cash at $157,260. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,060/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07735, Keyport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 5,319 (68.1%) |
| Renter Occupied HU | 2,111 (27.0%) |
| Vacant Housing Units | 380 ( 4.9%) |
| Median Home Value | $448,685 |
| Average Home Value | $493,582 |
Housing Distribution
Address Breakdown
Residential
7,714
Single Family
7,173
Multi-Family
541
Businesses
579
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Listed by: Linda K O'Connell • Stafford Smith Commercial Realty
Mls Name: MoreMLS
Mls ID: #22600546