241 W Farms RoadFarmingdaleNJ07727
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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 Farmingdale at 241 W Farms Road, Farmingdale, NJ, 07727 earns from $3,357/mo rent with a $2,785/mo payment. Total monthly income totals $3,357/mo. ROI tracks 15.58% on current figures, and rental yield reads 7.08% at a $569,000 purchase. Equity gained on principal adds $3,672/yr, and 5% annual appreciation supports $157,204 over five years. Five-year ROI reaches 80.85% and total cumulative return in cash sums $151,355. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,357/mo property income instead of your personal income.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07727, Farmingdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,702 (100%) |
| Owner Occupied HU | 2,746 (74.2%) |
| Renter Occupied HU | 717 (19.4%) |
| Vacant Housing Units | 239 ( 6.5%) |
| Median Home Value | $749,757 |
| Average Home Value | $766,476 |
Housing Distribution
Address Breakdown
Residential
3,338
Single Family
3,198
Multi-Family
140
Businesses
677
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Listed by: Yisroel S Taub • RE/MAX On the Move Realty
Mls Name: MoreMLS
Mls ID: #22523602