113 Midland AveOld BridgeNJ07721
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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
Rental property for sale in Old Bridge at 113 Midland Ave, Old Bridge, NJ, 07721 offers $3,360/mo rent that, after a $3,328/mo payment. Total monthly income is $3,360/mo. Return on cash invested measures 12.09% in year one, and rental yield stands at 5.93% at a $679,990 entry. Equity gained on principal adds $4,388/yr while 5% annual appreciation compounds into $187,869 by year five. Five-year ROI records 62.11% and total cumulative return in cash reaches $138,945. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,360/mo property income versus a $3,328/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A 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: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A