1621 Martin RoadWall TownshipNJ07753
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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 Wall Township at 1621 Martin Road, Wall Township, NJ, 07753 generates $5,882/mo in rent, after a $4,841/mo payment. Total monthly income is $5,882/mo. Return on cash invested sits at 15.75% in year one, and rental yield is 7.14% on a $989,000 entry. Equity gained on principal adds $6,382/yr, while 5% annual appreciation builds toward $273,242 over five years. Five-year ROI reaches 81.77% and total cumulative return in cash sums $266,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,882/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07753, Neptune, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,978 (100%) |
| Owner Occupied HU | 10,727 (63.2%) |
| Renter Occupied HU | 5,243 (30.9%) |
| Vacant Housing Units | 1,008 ( 5.9%) |
| Median Home Value | $469,423 |
| Average Home Value | $541,040 |
Housing Distribution
Address Breakdown
Residential
16,140
Single Family
14,110
Multi-Family
2,030
Businesses
1,097
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Listed by: Staci L Ruggiero • Nest Seekers New Jersey LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22523470
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.