532 Lorillard AvenueUnion BeachNJ07735
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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 Union Beach at 532 Lorillard Avenue, Union Beach, NJ, 07735 listed at $474,900 pairs $2,915/mo rent with a $2,324/mo payment. Total monthly income runs $2,915/mo. Return on cash invested measures 16.33% in year one, and rental yield registers 7.37% at a $474,900 basis. Equity gained on principal adds $3,064/yr, and annual property appreciation at 5% supports $131,206 by year five. Five-year ROI tracks 84.89% and total cumulative return in cash totals $133,643. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,915/mo property income relative to a $2,324/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07735, Keyport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,810 (100%) |
| Owner Occupied HU | 5,319 (68.1%) |
| Renter Occupied HU | 2,111 (27.0%) |
| Vacant Housing Units | 380 ( 4.9%) |
| Median Home Value | $448,685 |
| Average Home Value | $493,582 |
Housing Distribution
Address Breakdown
Residential
7,714
Single Family
7,173
Multi-Family
541
Businesses
579
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Listed by: Victoria Goncalves • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507982
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.