4 Forest CourtMorganvilleNJ07751
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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 4 Forest Court, Morganville, NJ, 07751 generates $4,947/mo in rent, after a $6,358/mo payment. Total monthly income is $4,947/mo. Return on cash invested sits at 8.08% in year one, and rental yield is 4.57% on a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation builds toward $358,890 over five years. Five-year ROI reaches 40.54% and total cumulative return in cash sums $170,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,947/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.47 Acres 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: #22536983