17 N Chaphagen DriveNeptuneNJ07753
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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 Neptune at 17 N Chaphagen Drive, Neptune, NJ, 07753 priced at $635,000 pairs $5,012/mo rent with $486/mo cash flow after a $3,108/mo payment. Total monthly income equals $5,012/mo, and annual cash flow comes to $5,830/yr on $208,915 invested. Return on cash invested is 22.85% in year one, and rental yield stands at 9.47% on a $635,000 basis. Equity gained on principal adds $4,098/yr, and 5% annual appreciation accumulates to $175,439 by year five. Five-year ROI measures 119.82% and total cumulative return in cash reaches $250,316. For financing, Ziffy Mortgage’s DSCR program evaluates $5,012/mo property income against a $3,108/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.25 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: Connie King • Weichert Realtors-Sea Girt
Mls Name: MOMLS
Mls Provider:
Mls ID: #22424778
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.