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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% |
Rental property for sale in Freehold at 6 Claridge Ct UNIT 4, Freehold, NJ, 07728 priced at $369,000 converts $2,934/mo rent into $304/mo cash flow after a $1,806/mo obligation. Total monthly income equals $2,934/mo, and annual cash flow totals $3,647/yr on $122,324 invested. Return on cash invested prints 22.89% in year one, and rental yield reads 9.54% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 120.06% and total cumulative return in cash sums $146,859. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,934/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Condo
Built in 1987
505.30 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: DONNA MANCUSO • KELLER WILLIAMS REALTY
Mls Name: All Jersey MLS
Mls ID: #2604355R
