39 Ideal AvenueMiddletownNJ07748
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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 Middletown at 39 Ideal Avenue, Middletown, NJ, 07748 listed at $484,900 pairs $4,391/mo rent with a $2,373/mo payment to leave $935/mo cash flow. Total monthly income runs $4,391/mo, and annual cash flow reaches $11,221/yr on $160,744 cash to close. Return on cash invested measures 26.89% in year one, and rental yield registers 10.87% at a $484,900 basis. Equity gained on principal adds $3,129/yr, and annual property appreciation at 5% supports $133,969 by year five. Five-year ROI tracks 141.53% and total cumulative return in cash totals $227,503. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,391/mo property income relative to a $2,373/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
4,791 sqft 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: Stacy Rotondo • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511988
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.