1501 Coolidge Ave, Whiting, NJ, 08759 | 5.9% Rental Yield

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1501 Coolidge Ave, Whiting, NJ, 08759 | 5.9% Rental Yield | 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 Whiting at 1501 Coolidge Ave, Whiting, NJ, 08759 generates $4,796/mo in rent, after a $4,772/mo payment. Total monthly income is $4,796/mo. Return on cash invested sits at 12% in year one, and rental yield is 5.9% on a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 61.66% and total cumulative return in cash sums $197,799. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,796/mo property income rather than buyer’s personal income.

Single Family

Built in 1975

1.01 Acres lot

$N/A/sqft

No HOA

More details about the property

Updates Galore! THE most unique home in sought-after Roosevelt City. One of a kind Arizona Ranch w/more bells & whistles than you can imagine. ADT security protection system, surround sound music system & 18 ft. wet bar in FR, warm mood lighting HW flrs & vaulted ceilings in most rooms. The property has motion sensors in every entrance & a 12 screen security central observation base in bsmt for property surveillance. MBR suite & Office fit for Better Homes Magazine. All doors are solid 6 panel wood & all windows are wood framed. Newer Kitch & Baths & fully finished high/dry Bsmt w/660sf fully equipped gym, game rm & guest BR. Circular D/W, rich landcaping, exterior lighting & fountain. Freshly painted stucco siding, Bow/Bay windows, French drs, 2 decks, 2 FPs, 3 bedrooms upstairs (2 primary!) with a possibility of 2 more downstairs.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08759, Manchester Township, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23,283 (100%)
Owner Occupied HU	19,068 (81.9%)
Renter Occupied HU	2,211 ( 9.5%)
Vacant Housing Units	2,004 ( 8.6%)
Median Home Value	$231,529
Average Home Value	$352,495