907 Florence AveUnion 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
Rental property for sale in Union Beach at 907 Florence Ave, Union Beach, NJ, 07735 generates $4,190/mo in rent, after a $2,981/mo payment. Total monthly income is $4,190/mo. Return on cash invested sits at 19.16% in year one, and rental yield is 8.26% on a $609,000 entry. Equity gained on principal adds $3,930/yr, while 5% annual appreciation builds toward $168,255 over five years. Five-year ROI reaches 100% and total cumulative return in cash sums $200,369. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,190/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
10,018 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: JENNIFER SABODISH • KELLER WILLIAMS WEST MONMOUTH
Mls Name: All Jersey MLS
Mls ID: #2604393R