33 Swartzel DriveMiddletownNJ07748
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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 Middletown at 33 Swartzel Drive, Middletown, NJ, 07748 priced at $610,000 converts $4,800/mo rent into $452/mo cash flow after a $2,986/mo obligation. Total monthly income equals $4,800/mo, and annual cash flow totals $5,420/yr on $200,690 invested. Return on cash invested prints 22.76% in year one, and rental yield reads 9.44% against a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation compiles into $168,532 by year five. Five-year ROI reaches 119.35% and total cumulative return in cash sums $239,515. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,800/mo property income covering a $2,986/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.55 Acres 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: Donna Bruno • EXP Realty
Mls Name: MoreMLS
Mls ID: #22533285