54 Edmund WayMiddletownNJ07748
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 Middletown at 54 Edmund Way, Middletown, NJ, 07748 generates $3,900/mo in rent, after a $5,800/mo payment. Total monthly income is $3,900/mo. Return on cash invested sits at 6.16% in year one, and rental yield is 3.95% on a $1,185,000 entry. Equity gained on principal adds $7,647/yr, while 5% annual appreciation builds toward $327,394 over five years. Five-year ROI reaches 30.28% and total cumulative return in cash sums $116,238. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,900/mo property income rather than buyer’s personal income.
Condo
Built in N/A
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Steinert • Toll Brothers Real Estate
Mls Name: MoreMLS
Mls ID: #22529163