9 Morse Way SHolmdelNJ07733
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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
Rental property for sale in Holmdel at 9 Morse Way S, Holmdel, NJ, 07733 priced at $1,325,000 pairs $6,412/mo rent with after a $6,485/mo payment. Total monthly income equals $6,412/mo. Return on cash invested is 11.89% in year one, and rental yield stands at 5.81% on a $1,325,000 basis. Equity gained on principal adds $8,550/yr, and 5% annual appreciation accumulates to $366,073 by year five. Five-year ROI measures 61.02% and total cumulative return in cash reaches $261,964. For financing, Ziffy Mortgage’s DSCR program evaluates $6,412/mo property income against a $6,485/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07733, Holmdel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,092 (100%) |
| Owner Occupied HU | 5,308 (87.1%) |
| Renter Occupied HU | 538 ( 8.8%) |
| Vacant Housing Units | 246 ( 4.0%) |
| Median Home Value | $899,930 |
| Average Home Value | $980,202 |
Housing Distribution
Address Breakdown
Residential
5,879
Single Family
5,807
Multi-Family
72
Businesses
549
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Listed by: Doreen Demarco • Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Mls Name: MOMLS
Mls Provider:
Mls ID: #22513524
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