24 Calle De Elvira #BFreeholdNJ07728
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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
Investment property for sale in Freehold at 24 Calle De Elvira #B, Freehold, NJ, 07728 uses $142,545 cash to close to unlock $2,456/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $3,270/mo, and a $2,105/mo payment keeps the spread at $205/mo. Purchase price stands at $430,000, and rental yield measures 9.13% with $3,270/mo rent. Return on cash invested shows 21.63% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 113.31% and total cumulative return in cash records $161,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,270/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 1967
1,742 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: Anthony J Gonzalez • Redfin Corporation
Mls Name: MoreMLS
Mls ID: #22535677