654 Saint Andrews PlaceEnglishtownNJ07726
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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 Englishtown at 654 Saint Andrews Place, Englishtown, NJ, 07726 generates $3,440/mo in rent and, after a $2,324/mo payment, leaves $55/mo in cash flow. Total monthly income is $3,440/mo, and annual cash flow is $665/yr on $157,429 invested. Return on cash invested sits at 20.33% in year one, and rental yield is 8.69% on a $474,900 entry. Equity gained on principal adds $3,064/yr, while 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 106.34% and total cumulative return in cash sums $167,411. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,440/mo property income rather than buyer’s personal income.
Condo
Built in 2000
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07726, Englishtown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,865 (100%) |
| Owner Occupied HU | 14,121 (83.7%) |
| Renter Occupied HU | 2,184 (12.9%) |
| Vacant Housing Units | 560 ( 3.3%) |
| Median Home Value | $700,020 |
| Average Home Value | $733,343 |
Housing Distribution
Address Breakdown
Residential
16,554
Single Family
14,650
Multi-Family
1,904
Businesses
1,332
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Listed by: Amanda Cruz • Signature Realty NJ
Mls Name: MoreMLS
Mls ID: #22534291