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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 Keyport at 675 Shore Concourse, Keyport, NJ, 07735 offers a 10.87% rental yield on a $250,000 purchase with $2,264/mo rent. Total monthly income registers $2,264/mo, and a $1,224/mo payment leaves $461/mo available for distribution. Annual cash flow reaches $5,535/yr on $82,875 to close, and return on cash invested stands at 26.59% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 140.03% and total cumulative return in cash at $116,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,264/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07735, Keyport, NJ area.
| 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 |
Residential
7,714
Single Family
7,173
Multi-Family
541
Businesses
579
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Listed for sale | $250,000 |
| 2017-07-17 | Sold | $120,000 |
| 2017-06-01 | Pending sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $5443.86 | -2.40% | $251,100 | 11.60% |
| 2022-10-17 | $5577.75 | -0.25% | $225,000 | 9.81% |
| 2021-10-17 | $5591.73 | 8.63% | $204,900 | 4.59% |
What's Special
Attic
Listed by: David J Scalese • Fathom Realty NJ
Mls Name: MOMLS
Mls Provider:
Mls ID: #22428604
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.
