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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Middletown at 66 Ballantine Road, Middletown, NJ, 07748 priced at $979,000 pairs $4,910/mo rent with after a $4,792/mo payment. Total monthly income equals $4,910/mo. Return on cash invested is 12.35% in year one, and rental yield stands at 6.02% on a $979,000 basis. Equity gained on principal adds $6,317/yr, and 5% annual appreciation accumulates to $270,480 by year five. Five-year ROI measures 63.54% and total cumulative return in cash reaches $204,646. For financing, Ziffy Mortgage’s DSCR program evaluates $4,910/mo property income against a $4,792/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07748, Middletown, NJ area.
| 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 |
Residential
10,267
Single Family
9,923
Multi-Family
344
Businesses
719
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Listed for sale | $979,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $14258.86 | -10.86% | $866,800 | -5.82% |
| 2023-04-14 | $15996.55 | 4.34% | $920,400 | 13.04% |
| 2022-04-14 | $15331.39 | -0.69% | $814,200 | 9.70% |
What's Special
Pull Down Stairs
Listed by: Joely Carasia • Heritage House Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510376
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.
