174 Bray AvenueMiddletownNJ07748
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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 Middletown at 174 Bray Avenue, Middletown, NJ, 07748 priced at $366,000 pairs $2,810/mo rent with $202/mo cash flow after a $1,791/mo payment. Total monthly income equals $2,810/mo, and annual cash flow comes to $2,419/yr on $121,329 invested. Return on cash invested is 21.9% in year one, and rental yield stands at 9.21% on a $366,000 basis. Equity gained on principal adds $2,362/yr, and 5% annual appreciation accumulates to $101,119 by year five. Five-year ROI measures 114.77% and total cumulative return in cash reaches $139,245. For financing, Ziffy Mortgage’s DSCR program evaluates $2,810/mo property income against a $1,791/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07748, Middletown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,569 (100%) |
| Owner Occupied HU | 8,539 (80.8%) |
| Renter Occupied HU | 1,624 (15.4%) |
| Vacant Housing Units | 406 ( 3.8%) |
| Median Home Value | $669,839 |
| Average Home Value | $691,050 |
Housing Distribution
Address Breakdown
Residential
10,267
Single Family
9,923
Multi-Family
344
Businesses
719
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Listed by: Rosanne Egidio • Heritage House Sotheby's International Realty
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22513630
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