599 Keyport Ave, Keyport, NJ, 07735 | $490/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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599 Keyport Ave, Keyport, NJ, 07735 | $490/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Keyport at 599 Keyport Ave, Keyport, NJ, 07735 priced at $400,000 converts $3,341/mo rent into $490/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,341/mo, and annual cash flow totals $5,876/yr on $132,600 invested. Return on cash invested prints 24.34% in year one, and rental yield reads 10.02% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 127.84% and total cumulative return in cash sums $169,516. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,341/mo property income covering a $1,958/mo payment, not borrower’s personal income.

Single Family

Built in 1987

5,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled beneath mature pine trees, you'll find this charming 3 bedroom, 1 bathroom ranch house. Step inside to an inviting living room with built-in shelving and coat closet, which flows into a large eat-in kitchen with sliding door to the backyard. All three bedrooms are a good size with a walkin closest in the primary bedroom. Home is situated on a corner lot with a spacious yard. Location is great for commuters- nestled into a quaint neighborhood near Route 35 and minutes from the Garden State Parkway. Nearby attractions include Ross Field with baseball diamond/basketball court/playground, Cliffwood Beach, Veteran's Memorial Park and Spray Park and Keyport waterfront and Sea Wall.

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