93 Lawrence AvenueKeansburgNJ07734
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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 Keansburg at 93 Lawrence Avenue, Keansburg, NJ, 07734 priced at $300,000 pairs $2,884/mo rent with $746/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,884/mo, and annual cash flow comes to $8,952/yr on $99,450 invested. Return on cash invested is 28.91% in year one, and rental yield stands at 11.54% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 152.33% and total cumulative return in cash reaches $151,488. For financing, Ziffy Mortgage’s DSCR program evaluates $2,884/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1928
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07734, Keansburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,878 (100%) |
| Owner Occupied HU | 2,984 (50.8%) |
| Renter Occupied HU | 2,227 (37.9%) |
| Vacant Housing Units | 667 (11.3%) |
| Median Home Value | $338,365 |
| Average Home Value | $364,956 |
Housing Distribution
Address Breakdown
Residential
5,106
Single Family
4,641
Multi-Family
465
Businesses
184
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Listed by: William R Hagan • EXP Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515213
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.