15 Greenwood DriveFreeholdNJ07728
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Freehold at 15 Greenwood Drive, Freehold, NJ, 07728 offers a 10.05% rental yield on a $349,999 purchase with $2,932/mo rent. Total monthly income registers $2,932/mo, and a $1,713/mo payment leaves $437/mo available for distribution. Annual cash flow reaches $5,248/yr on $116,025 to close, and return on cash invested stands at 24.43% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,698 over five years. Portfolio math shows five-year ROI at 128.36% and total cumulative return in cash at $148,934. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,932/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07728, Freehold, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,199 (100%) |
| Owner Occupied HU | 15,984 (72.0%) |
| Renter Occupied HU | 5,174 (23.3%) |
| Vacant Housing Units | 1,041 ( 4.7%) |
| Median Home Value | $605,836 |
| Average Home Value | $628,077 |
Housing Distribution
Address Breakdown
Residential
20,840
Single Family
19,700
Multi-Family
1,140
Businesses
2,135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Starner • Sackman Realty
Mls Name: MoreMLS
Mls ID: #22601107