21 3rd StreetFreeholdNJ07728
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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 Freehold at 21 3rd Street, Freehold, NJ, 07728 priced at $350,000 converts $3,314/mo rent into $819/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,314/mo, and annual cash flow totals $9,832/yr on $116,025 invested. Return on cash invested prints 28.38% in year one, and rental yield reads 11.36% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 149.53% and total cumulative return in cash sums $173,498. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,314/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,405 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: Johnny Guan • Real Broker, LLC- Point P
Mls Name: MOMLS
Mls Provider:
Mls ID: #22523649
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.