326 Mayfair PlaceMorganvilleNJ07751
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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 326 Mayfair Place, Morganville, NJ, 07751 with 5% annual appreciation on a $429,900 basis while $3,272/mo rent supports operations. Total monthly income totals $3,272/mo and a $2,104/mo payment preserves $208/mo for cash returns. Annual cash flow comes to $2,495/yr on $142,512 deployed, and return on cash invested reaches 21.66% in year one. Equity gained on principal adds $2,774/yr, and five-year appreciation sums $118,773 alongside rental yield of 9.13%. Five-year ROI measures 113.46% and total cumulative return in cash totals $161,695.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,272/mo property income versus a $2,104/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1985
N/A 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: Alan Kurlander • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22520409