112 Phillip E Frank WayCliffwoodNJ07721
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 Cliffwood at 112 Phillip E Frank Way, Cliffwood, NJ, 07721 at $599,000 posts ROI 20.63% with $94/mo cash flow from $4,364/mo rent. Total monthly income equals $4,364/mo, and annual cash flow records $1,131/yr on $197,071 to close. Return on cash invested measures 20.63% and rental yield reads 8.74% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 107.95% and total cumulative return in cash totals $212,746.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,364/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2014
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07721, Cliffwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 873 (53.6%) |
| Renter Occupied HU | 706 (43.3%) |
| Vacant Housing Units | 51 ( 3.1%) |
| Median Home Value | $440,317 |
| Average Home Value | $547,815 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
98
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Listed by: Denise Ripnick • Weichert Realtors-Rumson
Mls Name: MoreMLS
Mls ID: #22533757