30 Passaic StreetMiddletownNJ07748
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 30 Passaic Street, Middletown, NJ, 07748 at $339,000 posts ROI 28.82% with $835/mo cash flow from $3,251/mo rent. Total monthly income equals $3,251/mo, and annual cash flow records $10,019/yr on $112,379 to close. Return on cash invested measures 28.82% and rental yield reads 11.51% at the current $339,000. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 by year five. Five-year ROI prints 151.88% and total cumulative return in cash totals $170,680.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,251/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1933
2,613 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: Brian Anderson Jr. • Agosta Realty Group LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510284
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.