615 Monmouth AvenuePort MonmouthNJ07758
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 615 Monmouth Avenue, Port Monmouth, NJ, 07758 at $495,000 posts ROI 25.39% with $750/mo cash flow from $4,278/mo rent. Total monthly income equals $4,278/mo, and annual cash flow records $8,994/yr on $164,093 to close. Return on cash invested measures 25.39% and rental yield reads 10.37% at the current $495,000. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 by year five. Five-year ROI prints 133.47% and total cumulative return in cash totals $219,022.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,278/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
9,583 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: Jeanne A. Rich • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22537057