42 Hialeah 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
Total monthly income runs $5,018/mo, and a $3,671/mo payment. Purchase price stands at $750,000, and rental yield measures 8.03% with $5,018/mo rent. Return on cash invested shows 18.47% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 96.3% and total cumulative return in cash records $237,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,018/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 1957
N/A 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: Anna Safonova • NJ Realty Pros
Mls Name: MoreMLS
Mls ID: #22601472