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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Morganville at 43 Shawnee Way, Morganville, NJ, 07751 generates $6,232/mo in rent, after a $6,358/mo payment. Total monthly income is $6,232/mo. Return on cash invested sits at 11.74% in year one, and rental yield is 5.76% 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 60.19% and total cumulative return in cash sums $253,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,232/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07751, Morganville, NJ area.
| 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 |
Residential
7,170
Single Family
7,021
Multi-Family
149
Businesses
479
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Listing removed | $1,399,000 |
| 2024-06-27 | Listed for sale | $1,399,000 |
| 2023-10-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $16431.62 | 1.20% | $672,600 | N/A |
| 2023-06-19 | $16236.57 | 1.81% | $672,600 | N/A |
| 2022-06-19 | $15947.35 | 1.07% | $672,600 | N/A |
What's Special
Attic
Listed by: Suhrob Nurillaev • C21/ Mack Morris Iris Lurie
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518014
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
