65 Manalapan AvenueFreeholdNJ07728
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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 Freehold at 65 Manalapan Avenue, Freehold, NJ, 07728 offers a 8.64% rental yield on a $625,000 purchase with $4,500/mo rent. Total monthly income registers $4,500/mo, and a $3,059/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $542/yr on $205,625 to close, and return on cash invested stands at 20.32% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 106.29% and total cumulative return in cash at $218,569. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,500/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
9,147 sqft 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: Suzanne Hope • RE/MAX Homeland Realtors
Mls Name: MoreMLS
Mls ID: #22531724