5-2 Claridge Court #2FreeholdNJ07728
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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
Investment property for sale in Freehold at 5-2 Claridge Court #2, Freehold, NJ, 07728 at $450,000 posts ROI 18.91% with from $3,084/mo rent. Total monthly income equals $3,084/mo. Return on cash invested measures 18.91% and rental yield reads 8.22% 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 98.71% and total cumulative return in cash totals $147,258. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,084/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1987
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07728, Freehold, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,199 (100%) |
| Owner Occupied HU | 15,984 (72.0%) |
| Renter Occupied HU | 5,174 (23.3%) |
| Vacant Housing Units | 1,041 ( 4.7%) |
| Median Home Value | $605,836 |
| Average Home Value | $628,077 |
Housing Distribution
Address Breakdown
Residential
20,840
Single Family
19,700
Multi-Family
1,140
Businesses
2,135
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Listed by: Suzanne Hope • RE/MAX Homeland Realtors
Mls Name: MoreMLS
Mls ID: #22601458