27 Pate 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
Investment property for sale in Middletown at 27 Pate Drive, Middletown, NJ, 07748 with 5% annual appreciation on a $700,000 basis while $5,359/mo rent supports operations. Total monthly income totals $5,359/mo and a $3,426/mo payment preserves $370/mo for cash returns. Annual cash flow comes to $4,436/yr on $230,300 deployed, and return on cash invested reaches 21.99% in year one. Equity gained on principal adds $4,517/yr, and five-year appreciation sums $193,397 alongside rental yield of 9.19%. Five-year ROI measures 115.2% and total cumulative return in cash totals $265,300.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,359/mo property income versus a $3,426/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
871.20 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: Wilfredo Alfaro • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22535277