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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Farmingdale at 17 Woodspring Road, Farmingdale, NJ, 07727 generates $5,222/mo in rent, after a $4,821/mo payment. Total monthly income is $5,222/mo. Return on cash invested sits at 11.96% in year one, and rental yield is 6.36% on a $985,000 entry. Equity gained on principal adds $6,356/yr, while 5% annual appreciation builds toward $272,137 over five years. Five-year ROI reaches 61.93% and total cumulative return in cash sums $200,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,222/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
7,405 sqft lot
$N/A/sqft
$390 monthly HOA
Neighborhood data shown for ZIP Code: 07727, Farmingdale, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,702 (100%) |
| Owner Occupied HU | 2,746 (74.2%) |
| Renter Occupied HU | 717 (19.4%) |
| Vacant Housing Units | 239 ( 6.5%) |
| Median Home Value | $749,757 |
| Average Home Value | $766,476 |
Residential
3,338
Single Family
3,198
Multi-Family
140
Businesses
677
Date | Event | Price |
|---|---|---|
| 2024-08-01 | Sold | $925,000 |
| 2024-06-21 | Pending sale | $950,000 |
| 2024-05-31 | Listed for sale | $950,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs
Listed by: Barbara Berg • Keller Williams Realty West Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22503894
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.
