Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Middletown at 41 Marlpit Place, Middletown, NJ, 07748 offers $6,151/mo rent that, after a $9,765/mo payment. Total monthly income is $6,151/mo. Return on cash invested measures 5.39% in year one, and rental yield stands at 3.7% at a $1,995,000 entry. Equity gained on principal adds $12,873/yr while 5% annual appreciation compounds into $551,182 by year five. Five-year ROI records 26.14% and total cumulative return in cash reaches $168,957. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,151/mo property income versus a $9,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07748, Middletown, NJ area.
| 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 |
Residential
10,267
Single Family
9,923
Multi-Family
344
Businesses
719
Date | Event | Price |
|---|---|---|
| 2021-05-21 | Sold | $1,229,000 |
| 2021-03-18 | Pending sale | $1,249,000 |
| 2021-02-18 | Listed for sale | $1,249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-24 | $28374.61 | 18.22% | $1,724,900 | 24.90% |
| 2023-06-24 | $24001.78 | -9.22% | $1,381,000 | -1.65% |
| 2022-06-24 | $26439.20 | 5.23% | $1,404,100 | 16.24% |
What's Special
Attic,Walk-up
Listed by: Erin L Taffin • O'Brien Realty, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518480
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.
