8 Chingarora AvenueKeyportNJ07735
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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 Keyport at 8 Chingarora Avenue, Keyport, NJ, 07735 uses $152,159 cash to close to unlock $5,111/yr annual cash flow and $426/mo monthly cash flow. Total monthly income runs $3,698/mo, and a $2,247/mo payment keeps the spread at $426/mo. Purchase price stands at $459,000, and rental yield measures 9.67% with $3,698/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 122.07% and total cumulative return in cash records $185,747. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,698/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Single Family
Built in 1910
3,484 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: John Destefano • RE/MAX First Realty
Mls Name: MoreMLS
Mls ID: #22532847