877 Mariposa CourtMorganvilleNJ07751
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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 Morganville at 877 Mariposa Court, Morganville, NJ, 07751 listed at $543,000 pairs $3,929/mo rent with a $2,658/mo payment. Total monthly income runs $3,929/mo. Return on cash invested measures 18.1% in year one, and rental yield registers 8.68% at a $543,000 basis. Equity gained on principal adds $3,504/yr, and annual property appreciation at 5% supports $150,021 by year five. Five-year ROI tracks 95.23% and total cumulative return in cash totals $170,120. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,929/mo property income relative to a $2,658/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1992
435.60 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07751, Morganville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,396 (100%) |
| Owner Occupied HU | 6,077 (82.2%) |
| Renter Occupied HU | 1,061 (14.3%) |
| Vacant Housing Units | 258 ( 3.5%) |
| Median Home Value | $782,825 |
| Average Home Value | $806,098 |
Housing Distribution
Address Breakdown
Residential
7,170
Single Family
7,021
Multi-Family
149
Businesses
479
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Listed by: Danielle Coyle • RE/MAX Select
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22516858
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.