13 Old Farm RoadLittle SilverNJ07739
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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 Little Silver at 13 Old Farm Road, Little Silver, NJ, 07739 priced at $1,199,000 pairs $5,996/mo rent with after a $5,869/mo payment. Total monthly income equals $5,996/mo. Return on cash invested is 10.33% in year one, and rental yield stands at 6% on a $1,199,000 basis. Equity gained on principal adds $7,737/yr, and 5% annual appreciation accumulates to $331,262 by year five. Five-year ROI measures 53.42% and total cumulative return in cash reaches $207,525. For financing, Ziffy Mortgage’s DSCR program evaluates $5,996/mo property income against a $5,869/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1993
2,178 sqft lot
$N/A/sqft
$700 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07739, Little Silver, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,317 (100%) |
| Owner Occupied HU | 2,064 (89.1%) |
| Renter Occupied HU | 129 ( 5.6%) |
| Vacant Housing Units | 124 ( 5.4%) |
| Median Home Value | $966,171 |
| Average Home Value | $1,109,014 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,301
Multi-Family
0
Businesses
313
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Listed by: Sherry Gross • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22513438
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.