233 BroadwayUnion BeachNJ07735
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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 Union Beach at 233 Broadway, Union Beach, NJ, 07735 offers $3,272/mo rent that, after a $3,181/mo payment. Total monthly income is $3,272/mo. Return on cash invested measures 12.42% in year one, and rental yield stands at 6.04% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 63.93% and total cumulative return in cash reaches $136,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,272/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 1930
10,454 sqft 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: Anthony Barone • EXP Realty
Mls Name: MoreMLS
Mls ID: #22534411