46 Chase AveAvenelNJ07001
Nearby investment properties with comparable rents
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
Rental property for sale in Avenel at 46 Chase Ave, Avenel, NJ, 07001 priced at $560,000 pairs $4,042/mo rent with $50/mo cash flow after a $2,741/mo payment. Total monthly income equals $4,042/mo, and annual cash flow comes to $604/yr on $184,240 invested. Return on cash invested is 20.39% in year one, and rental yield stands at 8.66% on a $560,000 basis. Equity gained on principal adds $3,614/yr, and 5% annual appreciation accumulates to $154,718 by year five. Five-year ROI measures 106.62% and total cumulative return in cash reaches $196,445. For financing, Ziffy Mortgage’s DSCR program evaluates $4,042/mo property income against a $2,741/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AUDRA LOCCISANO • RE/MAX SELECT
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2605625R
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.