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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Freehold at 53 Grassmere Court UNIT 1, Freehold, NJ, 07728 listed at $539,900 pairs $3,797/mo rent with a $2,643/mo payment. Total monthly income runs $3,797/mo. Return on cash invested measures 19.71% in year one, and rental yield registers 8.44% at a $539,900 basis. Equity gained on principal adds $3,484/yr, and annual property appreciation at 5% supports $149,164 by year five. Five-year ROI tracks 103% and total cumulative return in cash totals $182,959. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,797/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1994
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07728, Freehold, NJ area.
| 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 |
Residential
20,840
Single Family
19,700
Multi-Family
1,140
Businesses
2,135
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tina Hoffman • RE/MAX Central
Mls Name: MOMLS
Mls ID: #22520633
