123 Grandview CircleFarmingdaleNJ07727
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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 Farmingdale at 123 Grandview Circle, Farmingdale, NJ, 07727 with 5% annual appreciation on a $872,903 basis while $4,526/mo rent supports operations. 35% in year one. Equity gained on principal adds $5,633/yr, and five-year appreciation sums $241,167 alongside rental yield of 6.22%. Five-year ROI measures 58.72% and total cumulative return in cash totals $168,636. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,526/mo property income versus a $4,272/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.26 Acres lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07727, Farmingdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,702 (100%) |
| Owner Occupied HU | 2,746 (74.2%) |
| Renter Occupied HU | 717 (19.4%) |
| Vacant Housing Units | 239 ( 6.5%) |
| Median Home Value | $749,757 |
| Average Home Value | $766,476 |
Housing Distribution
Address Breakdown
Residential
3,338
Single Family
3,198
Multi-Family
140
Businesses
677
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Listed by: William R Hagan • EXP Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22524643
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.