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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Middletown at 13 Serpentine Dr, Middletown, NJ, 07732 projects strong ROI of 1.61%. Rental yield 2.73%. With 5% annual appreciation, the property builds $656,169 in value over five years. Equity growth combined delivers a projected five-year ROI of 6.17%, translating into $47,470 in total cumulative return on $769,500 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1908
1.00 Acres lot
$N/A/sqft
$6,000 annually HOA
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
Date | Event | Price |
|---|---|---|
| 2025-09-16 | Listed for sale | $2,375,000 |
| 2025-08-11 | Listing removed | $2,375,000 |
| 2024-03-01 | Listed for sale | $2,375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $20588.82 | 7.40% | $1,251,600 | 13.47% |
| 2023-09-17 | $19170.14 | -2.96% | $1,103,000 | 5.14% |
| 2022-09-17 | $19754.55 | -0.05% | $1,049,100 | 10.41% |
Listed by: Allison Maguire • Brown Harris Stevens New Jersey
Mls Name: GSMLS
Mls Provider:
Mls ID: #3987213
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
