111 Remsen AveAvenelNJ07001
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
Investment property for sale in Avenel at 111 Remsen Ave, Avenel, NJ, 07001 earns $148/mo cash flow from $6,918/mo rent with a $4,649/mo payment. Total monthly income totals $6,918/mo, and annual cash flow totals $1,771/yr on $312,517 capital. ROI tracks 20.63% on current figures, and rental yield reads 8.74% at a $949,900 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,440 over five years. Five-year ROI reaches 107.9% and total cumulative return in cash sums $337,206. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,918/mo property income instead of your personal income.
Single Family
Built in 2017
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07001, Avenel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,633 (100%) |
| Owner Occupied HU | 2,618 (39.5%) |
| Renter Occupied HU | 3,669 (55.3%) |
| Vacant Housing Units | 346 ( 5.2%) |
| Median Home Value | $396,525 |
| Average Home Value | $443,209 |
Housing Distribution
Address Breakdown
Residential
5,760
Single Family
5,050
Multi-Family
710
Businesses
418
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SEAN BREMER • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2609425R