4 Igoe RoadMorganvilleNJ07751
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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 $8,586/mo, and a $9,054/mo payment. Purchase price stands at $1,849,900, and rental yield measures 5.57% with $8,586/mo rent. Return on cash invested shows 11.16% in year one, and 5% annual appreciation builds toward $511,093 over five years. Five-year ROI reaches 57.1% and total cumulative return in cash records $342,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,586/mo property income covering a $9,054/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1.84 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: Prabhakar Seelamsetty • Keller Williams Realty West Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22428715
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