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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Middletown at 2 Miriam Place, Middletown, NJ, 07748 listed at $759,900 pairs $4,208/mo rent with a $3,719/mo payment. Total monthly income runs $4,208/mo. Return on cash invested measures 14.26% in year one, and rental yield registers 6.65% at a $759,900 basis. Equity gained on principal adds $4,904/yr, and annual property appreciation at 5% supports $209,946 by year five. Five-year ROI tracks 73.76% and total cumulative return in cash totals $184,398. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,208/mo property income relative to a $3,719/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07748, Middletown, NJ area.
| 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 |
Residential
10,267
Single Family
9,923
Multi-Family
344
Businesses
719
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $759,900 |
| 2024-08-01 | Sold | $477,018 |
| 2024-07-12 | Pending sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $7245.72 | -0.16% | $416,900 | 8.17% |
| 2022-11-11 | $7257.08 | 9.06% | $385,400 | 20.48% |
| 2021-11-11 | $6653.92 | -6.09% | $319,900 | -2.97% |
What's Special
Attic
Listed by: George Russ • Keller Williams Realty West Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22432319
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.
