17 Tennent AveEnglishtownNJ07726
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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 Englishtown at 17 Tennent Ave, Englishtown, NJ, 07726 priced at $399,999 converts $3,356/mo rent into $505/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,356/mo, and annual cash flow totals $6,056/yr on $132,600 invested. Return on cash invested prints 24.48% in year one, and rental yield reads 10.07% 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 128.56% and total cumulative return in cash sums $170,475. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,356/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07726, Englishtown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,865 (100%) |
| Owner Occupied HU | 14,121 (83.7%) |
| Renter Occupied HU | 2,184 (12.9%) |
| Vacant Housing Units | 560 ( 3.3%) |
| Median Home Value | $700,020 |
| Average Home Value | $733,343 |
Housing Distribution
Address Breakdown
Residential
16,554
Single Family
14,650
Multi-Family
1,904
Businesses
1,332
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Listed by: ROBERT DEKANSKI • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls ID: #2602239R