647 Colts Neck RoadFreeholdNJ07728
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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
Rental property for sale in Freehold at 647 Colts Neck Road, Freehold, NJ, 07728 priced at $779,900 pairs $5,728/mo rent with $169/mo cash flow after a $3,817/mo payment. Total monthly income equals $5,728/mo, and annual cash flow comes to $2,031/yr on $256,587 invested. Return on cash invested is 20.85% in year one, and rental yield stands at 8.81% on a $779,900 basis. Equity gained on principal adds $5,033/yr, and 5% annual appreciation accumulates to $215,472 by year five. Five-year ROI measures 109.11% and total cumulative return in cash reaches $279,969. For financing, Ziffy Mortgage’s DSCR program evaluates $5,728/mo property income against a $3,817/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07728, Freehold, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,840
Single Family
19,700
Multi-Family
1,140
Businesses
2,135
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Listed by: Jeannene Codner • Diane Turton, Realtors-Lacey
Mls Name: MOMLS
Mls Provider:
Mls ID: #22501266
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.