18 Remington Drive UNIT 5FreeholdNJ07728
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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
Investment property for sale in Freehold at 18 Remington Drive UNIT 5, Freehold, NJ, 07728 uses $147,518 cash to close to unlock $10,514/yr annual cash flow and $876/mo monthly cash flow. Total monthly income runs $4,048/mo, and a $2,178/mo payment keeps the spread at $876/mo. Purchase price stands at $445,000, and rental yield measures 10.92% with $4,048/mo rent. Return on cash invested shows 27.04% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 142.31% and total cumulative return in cash records $209,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,048/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Condo
Built in 1989
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07728, Freehold, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,199 (100%) |
| Owner Occupied HU | 15,984 (72.0%) |
| Renter Occupied HU | 5,174 (23.3%) |
| Vacant Housing Units | 1,041 ( 4.7%) |
| Median Home Value | $605,836 |
| Average Home Value | $628,077 |
Housing Distribution
Address Breakdown
Residential
20,840
Single Family
19,700
Multi-Family
1,140
Businesses
2,135
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Listed by: Lauren Adams • RE/MAX First Realty
Mls Name: MOMLS
Mls ID: #22520336