329 Main StreetPort MonmouthNJ07758
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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 Port Monmouth at 329 Main Street, Port Monmouth, NJ, 07758 priced at $539,900 pairs $4,692/mo rent with $843/mo cash flow after a $2,643/mo payment. Total monthly income equals $4,692/mo, and annual cash flow comes to $10,119/yr on $177,627 invested. Return on cash invested is 25.76% in year one, and rental yield stands at 10.43% on a $539,900 basis. Equity gained on principal adds $3,484/yr, and 5% annual appreciation accumulates to $149,164 by year five. Five-year ROI measures 135.42% and total cumulative return in cash reaches $240,547. For financing, Ziffy Mortgage’s DSCR program evaluates $4,692/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
1,392 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07758, Port Monmouth, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,869 (100%) |
| Owner Occupied HU | 1,529 (81.8%) |
| Renter Occupied HU | 269 (14.4%) |
| Vacant Housing Units | 71 ( 3.8%) |
| Median Home Value | $569,581 |
| Average Home Value | $682,402 |
Housing Distribution
Address Breakdown
Residential
1,856
Single Family
1,748
Multi-Family
108
Businesses
83
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Listed by: Debra Serafin • Keller Williams Ocean Living
Mls Name: GSMLS
Mls ID: #3973383