3 Oceanview 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
Total monthly income runs $2,861/mo, and a $5,702/mo payment. Purchase price stands at $1,165,000, and rental yield measures 2.95% with $2,861/mo rent. Return on cash invested shows 3.07% in year one, and 5% annual appreciation builds toward $321,868 over five years. Five-year ROI reaches 13.69% and total cumulative return in cash records $51,687. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,861/mo property income covering a $5,702/mo payment rather than investor’s personal income.
Multi Family
Built in 2000
2,613 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: Elizabeth L McGillan • Sackman Realty
Mls Name: MoreMLS
Mls ID: #22516735