6 Augustus DriveMiddletownNJ07748
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
Investment property for sale in Middletown at 6 Augustus Drive, Middletown, NJ, 07748 at $935,000 posts ROI 20.79% with $186/mo cash flow from $6,850/mo rent. Total monthly income equals $6,850/mo, and annual cash flow records $2,230/yr on $307,615 to close. Return on cash invested measures 20.79% and rental yield reads 8.79% at the current $935,000. Equity gained on principal adds $6,033/yr, and 5% annual appreciation supports $258,323 by year five. Five-year ROI prints 108.75% and total cumulative return in cash totals $334,520.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,850/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2022
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
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Listed by: Sangita Sancheti • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22535873