181 Clubhouse DriveMiddletownNJ07748
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Nearby investment properties with comparable prices
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 Middletown at 181 Clubhouse Drive, Middletown, NJ, 07748 uses $177,331 cash to close to unlock $7,203/yr annual cash flow and $600/mo monthly cash flow. Total monthly income runs $4,442/mo, and a $2,638/mo payment keeps the spread at $600/mo. Purchase price stands at $539,000, and rental yield measures 9.89% with $4,442/mo rent. Return on cash invested shows 24.12% in year one, and 5% annual appreciation builds toward $148,916 over five years. Five-year ROI reaches 126.65% and total cumulative return in cash records $224,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,442/mo property income covering a $2,638/mo payment rather than investor’s personal income.
Condo
Built in 1979
1,742 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: Christine Stout • Shore Homes Shirvanian Realty
Mls Name: MoreMLS
Mls ID: #22600701