3 Jockey Terrace NColts NeckNJ07722
Nearby investment properties with comparable rents
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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 Colts Neck at 3 Jockey Terrace N, Colts Neck, NJ, 07722 priced at $1,899,999 pairs $8,704/mo rent with after a $9,300/mo payment. Total monthly income equals $8,704/mo. Return on cash invested is 10.94% in year one, and rental yield stands at 5.5% on a $1,899,999 basis. Equity gained on principal adds $12,260/yr, and 5% annual appreciation accumulates to $524,935 by year five. Five-year ROI measures 55.89% and total cumulative return in cash reaches $344,043. For financing, Ziffy Mortgage’s DSCR program evaluates $8,704/mo property income against a $9,300/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07722, Colts Neck, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,525 (100%) |
| Owner Occupied HU | 3,103 (88.0%) |
| Renter Occupied HU | 274 ( 7.8%) |
| Vacant Housing Units | 148 ( 4.2%) |
| Median Home Value | $966,924 |
| Average Home Value | $1,135,715 |
Housing Distribution
Address Breakdown
Residential
3,511
Single Family
3,511
Multi-Family
0
Businesses
441
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Listed by: Dominick LoBianco • Hubbard Park Real Estate, LLC
Mls Name: MoreMLS
Mls ID: #22529964