814 Prospect AvenueUNION BEACHNJ07735
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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
Investment Highlights
Investment property for sale in UNION BEACH at 814 Prospect Avenue, UNION BEACH, NJ, 07735 offers a 9.24% rental yield on a $374,900 purchase with $2,886/mo rent. 09% in year one. Equity gained on principal adds $2,419/yr while 5% annual appreciation supports $103,578 over five years. Portfolio math shows five-year ROI at 100.76% and total cumulative return in cash at $125,227. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,886/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
4,791 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: Karen Wohlrab • All Towne Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22429630
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.