








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 42 Cherry Tree Farm Road, Middletown, NJ, 07748 generates $5,596/mo in rent and, after a $3,695/mo payment, leaves $215/mo in cash flow. Total monthly income is $5,596/mo, and annual cash flow is $2,578/yr on $248,395 invested. Return on cash invested sits at 21.1% in year one, and rental yield is 8.89% on a $754,999 entry. Equity gained on principal adds $4,872/yr, while 5% annual appreciation builds toward $208,592 over five years. Five-year ROI reaches 110.42% and total cumulative return in cash sums $274,287. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,596/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.36 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 |
|---|---|---|
| 2025-09-14 | Listed for sale | $754,999 |
| 2025-09-09 | Listing removed | $759,990 |
| 2025-08-13 | Price change | $759,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-16 | $11131.72 | 3.96% | $676,700 | 9.84% |
| 2023-09-16 | $10707.82 | -0.36% | $616,100 | 7.96% |
| 2022-09-16 | $10746.28 | 6.68% | $570,700 | 17.84% |



What's Special
Attic
Listed by: Lara Glassman • Keller Williams Realty Central Monmouth
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22527970
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.