289 Cardiff DrMorganvilleNJ07751
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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 289 Cardiff Dr, Morganville, NJ, 07751 offers $5,485/mo rent that, after a $4,694/mo payment. Total monthly income is $5,485/mo. Return on cash invested measures 14.92% in year one, and rental yield stands at 6.86% at a $959,000 entry. Equity gained on principal adds $6,188/yr while 5% annual appreciation compounds into $264,954 by year five. Five-year ROI records 77.32% and total cumulative return in cash reaches $243,943. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,485/mo property income versus a $4,694/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
9,372 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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