34 Chase AveAvenelNJ07001
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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 Avenel at 34 Chase Ave, Avenel, NJ, 07001 priced at $525,000 pairs $3,668/mo rent with after a $2,570/mo payment. Total monthly income equals $3,668/mo. Return on cash invested is 19.54% in year one, and rental yield stands at 8.38% on a $525,000 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,048 by year five. Five-year ROI measures 102.09% and total cumulative return in cash reaches $176,337. For financing, Ziffy Mortgage’s DSCR program evaluates $3,668/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1937
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07001, Avenel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,633 (100%) |
| Owner Occupied HU | 2,618 (39.5%) |
| Renter Occupied HU | 3,669 (55.3%) |
| Vacant Housing Units | 346 ( 5.2%) |
| Median Home Value | $396,525 |
| Average Home Value | $443,209 |
Housing Distribution
Address Breakdown
Residential
5,760
Single Family
5,050
Multi-Family
710
Businesses
418
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Listed by: CELESTE MOORE • REALTY OF AMERICA
Mls Name: All Jersey MLS
Mls ID: #2606943R