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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Middletown at 30 Verrazano Drive, Middletown, NJ, 07748 generates $7,302/mo in rent, after a $5,629/mo payment. Total monthly income is $7,302/mo. Return on cash invested sits at 17.49% in year one, and rental yield is 7.62% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 91.01% and total cumulative return in cash sums $339,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,302/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07748, Middletown, NJ area.
| 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 |
Residential
10,267
Single Family
9,923
Multi-Family
344
Businesses
719
Date | Event | Price |
|---|---|---|
| 2024-08-14 | Price change | $1,150,000 |
| 2024-07-26 | Price change | $1,170,000 |
| 2024-06-10 | Listed for sale | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $17541.63 | 8.13% | $1,009,300 | 17.16% |
| 2022-10-17 | $16222.05 | 3.79% | $861,500 | 14.65% |
| 2021-10-17 | $15629.12 | 0.16% | $751,400 | 1.28% |
What's Special
Pull Down Stairs
Listed by: Barbara Kirby • Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Mls Name: MOMLS
Mls Provider:
Mls ID: #22416327
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.
