998 Woodmere DrKeyportNJ07735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Keyport at 998 Woodmere Dr, Keyport, NJ, 07735 generates $4,256/mo in rent, after a $3,132/mo payment. Total monthly income is $4,256/mo. Return on cash invested sits at 18.32% in year one, and rental yield is 7.98% on a $639,900 entry. Equity gained on principal adds $4,129/yr, while 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 95.53% and total cumulative return in cash sums $201,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,256/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
5,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DESIREE DIPRIMA • RED DOOR REALTY GROUP INC
Mls Name: All Jersey MLS
Mls ID: #2607943R