345 W Prospect AvenueKeyportNJ07735
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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 Keyport at 345 W Prospect Avenue, Keyport, NJ, 07735 listed at $318,000 pairs $3,520/mo rent with a $1,556/mo payment to leave $1,254/mo cash flow. Total monthly income runs $3,520/mo, and annual cash flow reaches $15,046/yr on $105,417 cash to close. Return on cash invested measures 34.18% in year one, and rental yield registers 13.28% at a $318,000 basis. Equity gained on principal adds $2,052/yr, and annual property appreciation at 5% supports $87,858 by year five. Five-year ROI tracks 180.61% and total cumulative return in cash totals $190,391. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,520/mo property income relative to a $1,556/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07735, Keyport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 5,319 (68.1%) |
| Renter Occupied HU | 2,111 (27.0%) |
| Vacant Housing Units | 380 ( 4.9%) |
| Median Home Value | $448,685 |
| Average Home Value | $493,582 |
Housing Distribution
Address Breakdown
Residential
7,714
Single Family
7,173
Multi-Family
541
Businesses
579
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Listed by: Carley Scarantino • Imperial Realty Properties
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22521784
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