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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 Colts Neck at 21 Boundary Road, Colts Neck, NJ, 07722 earns from $4,674/mo rent with a $3,766/mo payment. Total monthly income totals $4,674/mo. ROI tracks 16.22% on current figures, and rental yield reads 7.29% at a $769,500 purchase. Equity gained on principal adds $4,965/yr, and 5% annual appreciation supports $212,599 over five years. Five-year ROI reaches 84.27% and total cumulative return in cash sums $213,332. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,674/mo property income instead of your personal income.
Single Family
Built in 1920
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07722, Colts Neck, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,525 (100%) |
| Owner Occupied HU | 3,103 (88.0%) |
| Renter Occupied HU | 274 ( 7.8%) |
| Vacant Housing Units | 148 ( 4.2%) |
| Median Home Value | $966,924 |
| Average Home Value | $1,135,715 |
Residential
3,511
Single Family
3,511
Multi-Family
0
Businesses
441
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Sold | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-17 | $6407.00 | -2.24% | $430,000 | 2.09% |
| 2023-03-17 | $6553.87 | 1.98% | $421,200 | 8.87% |
| 2022-03-17 | $6426.41 | -2.68% | $386,900 | 2.30% |
Listed by: Alexander Arancio • Keller Williams Realty Spring Lake
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507155
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.
