934 7th StreetUnion 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 934 7th Street, Union Beach, NJ, 07735 uses $205,625 cash to close to unlock $278/yr annual cash flow and $23/mo monthly cash flow. Total monthly income runs $4,478/mo, and a $3,059/mo payment keeps the spread at $23/mo. Purchase price stands at $625,000, and rental yield measures 8.6% with $4,478/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 105.61% and total cumulative return in cash records $217,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,478/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1935
5,227 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: Johnny Guan • Real Broker, LLC- Point P
Mls Name: MoreMLS
Mls ID: #22601357