








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 Freehold at 23 Mainsail Square, Freehold, NJ, 07728 offers a 9.72% rental yield on a $520,000 purchase with $4,214/mo rent. Total monthly income registers $4,214/mo, and a $2,545/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,408/yr on $171,080 to close, and return on cash invested stands at 21.47% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,666 over five years. Portfolio math shows five-year ROI at 113.19% and total cumulative return in cash at $193,643. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,214/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
2,613 sqft lot
$N/A/sqft
$307 monthly HOA
Neighborhood data shown for ZIP Code: 07728, Freehold, NJ area.
| 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 |
Residential
20,840
Single Family
19,700
Multi-Family
1,140
Businesses
2,135
Date | Event | Price |
|---|---|---|
| 2025-07-16 | Sold | $520,000 |
| 2025-05-22 | Pending sale | $475,000 |
| 2025-05-19 | Listed for sale | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $7052.74 | -3.97% | $412,200 | 2.77% |
| 2023-11-01 | $7344.14 | 23.05% | $401,100 | 38.31% |
| 2022-11-01 | $5968.20 | 6.84% | $290,000 | 17.12% |



Listed by: Kevin M Mahon • RE/MAX First Class
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22514612
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.