117 Lexington CourtHolmdelNJ07733
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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 Holmdel at 117 Lexington Court, Holmdel, NJ, 07733 offers $4,928/mo rent that, after a $2,765/mo payment, leaves $901/mo cash flow. Total monthly income is $4,928/mo, and annual cash flow is $10,814/yr on $185,885 cash. Return on cash invested measures 25.88% in year one, and rental yield stands at 10.47% at a $565,000 entry. Equity gained on principal adds $3,646/yr while 5% annual appreciation compounds into $156,099 by year five. Five-year ROI records 136.07% and total cumulative return in cash reaches $252,939. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,928/mo property income versus a $2,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1997
N/A 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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Nearby investment properties with comparable prices
Listed by: Scott Murray • Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Mls Name: MOMLS
Mls ID: #22520468