25 Homestead AveAvenelNJ07001
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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 Avenel at 25 Homestead Ave, Avenel, NJ, 07001 priced at $430,000 converts $3,311/mo rent into $246/mo cash flow after a $2,105/mo obligation. Total monthly income equals $3,311/mo, and annual cash flow totals $2,948/yr on $142,545 invested. Return on cash invested prints 21.98% in year one, and rental yield reads 9.24% against a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation compiles into $118,801 by year five. Five-year ROI reaches 115.17% and total cumulative return in cash sums $164,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,311/mo property income covering a $2,105/mo payment, not borrower’s personal income.
Single Family
Built in 1916
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07001, Avenel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,633 (100%) |
| Owner Occupied HU | 2,618 (39.5%) |
| Renter Occupied HU | 3,669 (55.3%) |
| Vacant Housing Units | 346 ( 5.2%) |
| Median Home Value | $396,525 |
| Average Home Value | $443,209 |
Housing Distribution
Address Breakdown
Residential
5,760
Single Family
5,050
Multi-Family
710
Businesses
418
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Listed by: BRIGIT ESTRADA ALVAREZ • EXP REALTY, LLC
Mls Name: All Jersey MLS
Mls ID: #2606672R