26 Morningside AvenueKeansburgNJ07734
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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 Keansburg at 26 Morningside Avenue, Keansburg, NJ, 07734 uses $154,148 cash to close to unlock $6,750/yr annual cash flow and $563/mo monthly cash flow. Total monthly income runs $3,877/mo, and a $2,276/mo payment keeps the spread at $563/mo. Purchase price stands at $465,000, and rental yield measures 10.01% with $3,877/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 127.56% and total cumulative return in cash records $196,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,877/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Single Family
Built in 1933
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07734, Keansburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,878 (100%) |
| Owner Occupied HU | 2,984 (50.8%) |
| Renter Occupied HU | 2,227 (37.9%) |
| Vacant Housing Units | 667 (11.3%) |
| Median Home Value | $338,365 |
| Average Home Value | $364,956 |
Housing Distribution
Address Breakdown
Residential
5,106
Single Family
4,641
Multi-Family
465
Businesses
184
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Listed by: Kathryn E Fedak • EXP Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22513879
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.