63 Green Meadow BoulevardMiddletownNJ07748
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
Rental property for sale in Middletown at 63 Green Meadow Boulevard, Middletown, NJ, 07748 priced at $1,199,000 converts $4,456/mo rent into after a $5,869/mo obligation. Total monthly income equals $4,456/mo. Return on cash invested prints 7.71% in year one, and rental yield reads 4.46% against a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation compiles into $331,262 by year five. Five-year ROI reaches 38.61% and total cumulative return in cash sums $149,985. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,456/mo property income covering a $5,869/mo payment, not borrower’s personal income.
Single Family
Built in 1982
0.41 Acres lot
$N/A/sqft
$75 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Ripnick • Weichert Realtors-Rumson
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22528124
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.