6 LafayetteColts NeckNJ07722
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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
Investment property for sale in Colts Neck at 6 Lafayette, Colts Neck, NJ, 07722 offers a 8.24% rental yield on a $785,000 purchase with $5,392/mo rent. 12% in year one. Equity gained on principal adds $5,065/yr while 5% annual appreciation supports $216,881 over five years. Portfolio math shows five-year ROI at 99.79% and total cumulative return in cash at $257,726. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,392/mo property income against a $3,842/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07722, Colts Neck, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,525 (100%) |
| Owner Occupied HU | 3,103 (88.0%) |
| Renter Occupied HU | 274 ( 7.8%) |
| Vacant Housing Units | 148 ( 4.2%) |
| Median Home Value | $966,924 |
| Average Home Value | $1,135,715 |
Housing Distribution
Address Breakdown
Residential
3,511
Single Family
3,511
Multi-Family
0
Businesses
441
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Listed by: Nicole Rabbat Levine • Heritage House Sotheby's International Realty
Mls Name: MoreMLS
Mls ID: #22532618