11 Chestnut Ridge RoadHolmdelNJ07733
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 Holmdel at 11 Chestnut Ridge Road, Holmdel, NJ, 07733 offers $5,266/mo rent that, after a $4,234/mo payment. Total monthly income is $5,266/mo. Return on cash invested measures 16.27% in year one, and rental yield stands at 7.31% at a $865,000 entry. Equity gained on principal adds $5,582/yr while 5% annual appreciation compounds into $238,984 by year five. Five-year ROI records 84.52% and total cumulative return in cash reaches $240,543. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,266/mo property income versus a $4,234/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.34 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: Mona Salman • Emera Realtors, LLC
Mls Name: MoreMLS
Mls ID: #22534553