435 Hancock PlaceMorganvilleNJ07751
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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 Morganville at 435 Hancock Place, Morganville, NJ, 07751 at $399,999 posts ROI 25.02% with $565/mo cash flow from $3,416/mo rent. Total monthly income equals $3,416/mo, and annual cash flow records $6,776/yr on $132,600 to close. Return on cash invested measures 25.02% and rental yield reads 10.25% at the current $399,999. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 by year five. Five-year ROI prints 131.48% and total cumulative return in cash totals $174,339.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,416/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1985
435.60 sqft 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: Aleksandr Pritsker • EXP Realty
Mls Name: MoreMLS
Mls ID: #22530547