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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% |
Investment property for sale in Avenel at 355 Cobb Way, Avenel, NJ, 07001 with 5% annual appreciation on a $739,000 basis while $4,200/mo rent supports operations. 79% in year one. Equity gained on principal adds $4,769/yr, and five-year appreciation sums $204,172 alongside rental yield of 6.82%. Five-year ROI measures 76.61% and total cumulative return in cash totals $186,272. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,200/mo property income versus a $3,617/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
4,199 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07001, Avenel, NJ area.
| 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 |
Residential
5,760
Single Family
5,050
Multi-Family
710
Businesses
418
Date | Event | Price |
|---|---|---|
| 2024-11-24 | Listed for sale | $739,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $1780.00 | 2.22% | $15,300 | N/A |
| 2023-01-28 | $1741.29 | N/A | $15,300 | N/A |
Listed by: Paul F. Misura • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2505993R
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