2 Dora LaneHolmdelNJ07733
Nearby investment properties with comparable rents
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
Rental property for sale in Holmdel at 2 Dora Lane, Holmdel, NJ, 07733 priced at $1,350,000 converts $8,094/mo rent into after a $6,608/mo obligation. Total monthly income equals $8,094/mo. Return on cash invested prints 16.18% in year one, and rental yield reads 7.19% against a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation compiles into $372,980 by year five. Five-year ROI reaches 83.97% and total cumulative return in cash sums $367,301. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,094/mo property income covering a $6,608/mo payment, not borrower’s personal income.
Single Family
Built in 2008
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07733, Holmdel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,092 (100%) |
| Owner Occupied HU | 5,308 (87.1%) |
| Renter Occupied HU | 538 ( 8.8%) |
| Vacant Housing Units | 246 ( 4.0%) |
| Median Home Value | $899,930 |
| Average Home Value | $980,202 |
Housing Distribution
Address Breakdown
Residential
5,879
Single Family
5,807
Multi-Family
72
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Rizzo • Keller Williams Realty Central Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22427918
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.