68 Greenwood DriveFreeholdNJ07728
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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 68 Greenwood Drive, Freehold, NJ, 07728 offers $3,149/mo rent that, after a $1,850/mo payment, leaves $93/mo cash flow. Total monthly income is $3,149/mo, and annual cash flow is $1,114/yr on $125,307 cash. Return on cash invested measures 20.8% in year one, and rental yield stands at 10% at a $378,000 entry. Equity gained on principal adds $2,439/yr while 5% annual appreciation compounds into $104,434 by year five. Five-year ROI records 110.09% and total cumulative return in cash reaches $137,949. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,149/mo property income versus a $1,850/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1982
871.20 sqft lot
$N/A/sqft
$362 monthly 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: Alison Lustig • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510424
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.