11 Normandy PlaceColts NeckNJ07722
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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 Colts Neck at 11 Normandy Place, Colts Neck, NJ, 07722 with 5% annual appreciation on a $1,299,000 basis while $4,492/mo rent supports operations. 78% in year one. Equity gained on principal adds $8,382/yr, and five-year appreciation sums $358,890 alongside rental yield of 4.15%. Five-year ROI measures 33.58% and total cumulative return in cash totals $141,349. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,492/mo property income versus a $6,358/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07722, Colts Neck, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,525 (100%) |
| Owner Occupied HU | 3,103 (88.0%) |
| Renter Occupied HU | 274 ( 7.8%) |
| Vacant Housing Units | 148 ( 4.2%) |
| Median Home Value | $966,924 |
| Average Home Value | $1,135,715 |
Housing Distribution
Address Breakdown
Residential
3,511
Single Family
3,511
Multi-Family
0
Businesses
441
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Listed by: Marybeth Tomaro • Keller Williams Realty Central Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511661
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.