1706 Madaline DrAvenelNJ07001
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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 Avenel at 1706 Madaline Dr, Avenel, NJ, 07001 generates $3,421/mo in rent and, after a $2,051/mo payment, leaves $434/mo in cash flow. Total monthly income is $3,421/mo, and annual cash flow is $5,211/yr on $138,899 invested. Return on cash invested sits at 23.66% in year one, and rental yield is 9.8% on a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 124.22% and total cumulative return in cash sums $172,541. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,421/mo property income rather than buyer’s personal income.
Townhouse
Built in 1996
605.48 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07001, Avenel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,633 (100%) |
| Owner Occupied HU | 2,618 (39.5%) |
| Renter Occupied HU | 3,669 (55.3%) |
| Vacant Housing Units | 346 ( 5.2%) |
| Median Home Value | $396,525 |
| Average Home Value | $443,209 |
Housing Distribution
Address Breakdown
Residential
5,760
Single Family
5,050
Multi-Family
710
Businesses
418
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Listed by: JUDITH DONOVAN • NEXTHOME PREMIER
Mls Name: All Jersey MLS
Mls ID: #2661167M