34 Weller PlaceHolmdelNJ07733
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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
Investment property for sale in Holmdel at 34 Weller Place, Holmdel, NJ, 07733 with 5% annual appreciation on a $570,000 basis while $4,649/mo rent supports operations. Total monthly income totals $4,649/mo and a $2,790/mo payment preserves $586/mo for cash returns. Annual cash flow comes to $7,032/yr on $187,530 deployed, and return on cash invested reaches 23.81% in year one. Equity gained on principal adds $3,678/yr, and five-year appreciation sums $157,480 alongside rental yield of 9.79%. Five-year ROI measures 124.96% and total cumulative return in cash totals $234,337.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,649/mo property income versus a $2,790/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07733, Holmdel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,092 (100%) |
| Owner Occupied HU | 5,308 (87.1%) |
| Renter Occupied HU | 538 ( 8.8%) |
| Vacant Housing Units | 246 ( 4.0%) |
| Median Home Value | $899,930 |
| Average Home Value | $980,202 |
Housing Distribution
Address Breakdown
Residential
5,879
Single Family
5,807
Multi-Family
72
Businesses
549
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Listed by: Jenine Mcnamara • EXIT Realty East Coast Shirvanian
Mls Name: MOMLS
Mls ID: #22518324