58 Edmund WayMiddletownNJ07748
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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
Rental property for sale in Middletown at 58 Edmund Way, Middletown, NJ, 07748 offers $3,900/mo rent that, after a $4,850/mo payment. Total monthly income is $3,900/mo. Return on cash invested measures 6.88% in year one, and rental yield stands at 4.72% at a $991,000 entry. Equity gained on principal adds $6,395/yr while 5% annual appreciation compounds into $273,795 by year five. Five-year ROI records 34.73% and total cumulative return in cash reaches $113,230. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,900/mo property income versus a $4,850/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$418 monthly 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: Melissa Steinert • Toll Brothers Real Estate
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22525665
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.