239 Sorrel 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 239 Sorrel Drive, Morganville, NJ, 07751 earns from $4,872/mo rent with a $3,568/mo payment. Total monthly income totals $4,872/mo. ROI tracks 18.44% on current figures, and rental yield reads 8.02% at a $728,888 purchase. Equity gained on principal adds $4,703/yr, and 5% annual appreciation supports $201,378 over five years. Five-year ROI reaches 96.19% and total cumulative return in cash sums $230,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,872/mo property income instead of your personal income.
Single Family
Built in 1995
6,969 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: John Sacktig • Prestige Homes And Land Realty
Mls Name: MoreMLS
Mls ID: #22531181