14 Chase Ave, Avenel, NJ, 07001 | $1,055/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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14 Chase Ave, Avenel, NJ, 07001 | $1,055/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Avenel at 14 Chase Ave, Avenel, NJ, 07001 priced at $399,999 converts $3,906/mo rent into $1,055/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,906/mo, and annual cash flow totals $12,656/yr on $132,600 invested. Return on cash invested prints 29.45% in year one, and rental yield reads 11.72% against a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,512 by year five. Five-year ROI reaches 155.26% and total cumulative return in cash sums $205,875. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,906/mo property income covering a $1,958/mo payment, not borrower’s personal income.

Single Family

Built in 1955

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious Brick Ranch home located in an excellent, commuter-friendly neighborhood. This expanded ranch offers three bedrooms, a large family room, a nicely sized living room, dining room, den, and office on the main floor, with a partially finished basement that includes a recreation room, a game/craft room, and a workshop. This home has great curb appeal and a lovely, fenced backyard. RARE OPPORTUNITY to get into this neighborhood at an exceptional price. Fantastic value for Investors or Buyers who want a large home in a wonderful location that they can put their own decorative touches and personality into. This home has an underground oil tank with no known or apparent issues, which is reflected in the List Price. Gas is available in the street. This is an estate sale, and the home is currently being cleaned out and will be empty at closing. The property is occupied. Sold "As Is"

Neighborhood Data

Neighborhood data shown for ZIP Code: 07001, Avenel, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,633 (100%)
Owner Occupied HU	2,618 (39.5%)
Renter Occupied HU	3,669 (55.3%)
Vacant Housing Units	346 ( 5.2%)
Median Home Value	$396,525
Average Home Value	$443,209