4 Homestead AveAvenelNJ07001
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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
Investment property for sale in Avenel at 4 Homestead Ave, Avenel, NJ, 07001 at $450,000 posts ROI 23.3% with $421/mo cash flow from $3,629/mo rent. Total monthly income equals $3,629/mo, and annual cash flow records $5,052/yr on $149,175 to close. Return on cash invested measures 23.3% and rental yield reads 9.68% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 122.22% and total cumulative return in cash totals $182,322.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,629/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1936
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: ROBERT DEKANSKI • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls ID: #2608032R