36 Academy StreetFarmingdaleNJ07727
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Farmingdale at 36 Academy Street, Farmingdale, NJ, 07727 priced at $750,000 pairs $3,486/mo rent with after a $3,671/mo payment. Total monthly income equals $3,486/mo. Return on cash invested is 11.01% in year one, and rental yield stands at 5.58% on a $750,000 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 56.34% and total cumulative return in cash reaches $139,026. For financing, Ziffy Mortgage’s DSCR program evaluates $3,486/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07727, Farmingdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,702 (100%) |
| Owner Occupied HU | 2,746 (74.2%) |
| Renter Occupied HU | 717 (19.4%) |
| Vacant Housing Units | 239 ( 6.5%) |
| Median Home Value | $749,757 |
| Average Home Value | $766,476 |
Housing Distribution
Address Breakdown
Residential
3,338
Single Family
3,198
Multi-Family
140
Businesses
677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Najdzinowicz • RE/MAX Bay Point Realtors
Mls Name: MoreMLS
Mls ID: #22601254