3 Mountain Laurel RdMorganvilleNJ07751
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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 3 Mountain Laurel Rd, Morganville, NJ, 07751 generates $5,647/mo in rent, after a $4,307/mo payment. Total monthly income is $5,647/mo. Return on cash invested sits at 17.47% in year one, and rental yield is 7.7% on a $880,000 entry. Equity gained on principal adds $5,679/yr, while 5% annual appreciation builds toward $243,128 over five years. Five-year ROI reaches 90.96% and total cumulative return in cash sums $263,348. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,647/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
10,585 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 J. HORVATH • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls ID: #2607986R