60 County Road #68CliffwoodNJ07721
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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 Cliffwood at 60 County Road #68, Cliffwood, NJ, 07721 earns $548/mo cash flow from $3,220/mo rent with a $1,835/mo payment. Total monthly income totals $3,220/mo, and annual cash flow totals $6,570/yr on $124,313 capital. ROI tracks 25.19% on current figures, and rental yield reads 10.3% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 132.42% and total cumulative return in cash sums $164,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,220/mo property income instead of your personal income.
Condo
Built in 1987
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07721, Cliffwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 873 (53.6%) |
| Renter Occupied HU | 706 (43.3%) |
| Vacant Housing Units | 51 ( 3.1%) |
| Median Home Value | $440,317 |
| Average Home Value | $547,815 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
98
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Listed by: Debra Grillo • Keller Williams Realty Central Monmouth
Mls Name: MOMLS
Mls ID: #22523164