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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% |
Investment property for sale in Port Monmouth at 6 Morningside Place, Port Monmouth, NJ, 07758 earns from $3,684/mo rent with a $2,829/mo payment. Total monthly income totals $3,684/mo. ROI tracks 17.31% on current figures, and rental yield reads 7.65% at a $578,000 purchase. Equity gained on principal adds $3,730/yr, and 5% annual appreciation supports $159,691 over five years. Five-year ROI reaches 90.13% and total cumulative return in cash sums $171,389. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,684/mo property income instead of your personal income.
Single Family
Built in 1952
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07758, Port Monmouth, NJ area.
| 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 |
Residential
1,856
Single Family
1,748
Multi-Family
108
Businesses
83
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $578,000 |
| 2021-04-13 | Sold | $510,000 |
| 2021-03-02 | Pending sale | $469,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $9426.91 | -0.01% | $542,400 | 8.33% |
| 2022-11-19 | $9428.18 | 74.40% | $500,700 | 92.65% |
| 2021-11-19 | $5405.92 | 3.98% | $259,900 | 0.58% |
Listed by: Debra Ostrowski • BHHS Jordan Baris Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22431365
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.
