43 Skimmer LanePort 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
Investment property for sale in Port Monmouth at 43 Skimmer Lane, Port Monmouth, NJ, 07758 earns $1,405/mo cash flow from $6,216/mo rent with a $3,304/mo payment. Total monthly income totals $6,216/mo, and annual cash flow totals $16,854/yr on $222,075 capital. ROI tracks 27.65% on current figures, and rental yield reads 11.05% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 145.57% and total cumulative return in cash sums $323,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,216/mo property income instead of your personal income.
Condo
Built in 2004
1,306 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: Robert J Allison • RealtyMark Select
Mls Name: MoreMLS
Mls ID: #22529260