258 Clubhouse DriveMiddletownNJ07748
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Middletown at 258 Clubhouse Drive, Middletown, NJ, 07748 generates $4,297/mo in rent and, after a $2,814/mo payment, leaves $199/mo in cash flow. Total monthly income is $4,297/mo, and annual cash flow is $2,386/yr on $189,175 invested. Return on cash invested sits at 21.32% in year one, and rental yield is 8.97% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 111.62% and total cumulative return in cash sums $211,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,297/mo property income rather than buyer’s personal income.
Condo
Built in 1980
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07748, Middletown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,569 (100%) |
| Owner Occupied HU | 8,539 (80.8%) |
| Renter Occupied HU | 1,624 (15.4%) |
| Vacant Housing Units | 406 ( 3.8%) |
| Median Home Value | $669,839 |
| Average Home Value | $691,050 |
Housing Distribution
Address Breakdown
Residential
10,267
Single Family
9,923
Multi-Family
344
Businesses
719
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Listed by: Crista Trovato • Keller Williams Realty East Monmouth
Mls Name: MOMLS
Mls ID: #22524785