7 Academy StreetFarmingdaleNJ07727
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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 Farmingdale at 7 Academy Street, Farmingdale, NJ, 07727 listed at $729,000 pairs $3,841/mo rent with a $3,568/mo payment. Total monthly income runs $3,841/mo. Return on cash invested measures 13.28% in year one, and rental yield registers 6.32% at a $729,000 basis. Equity gained on principal adds $4,704/yr, and annual property appreciation at 5% supports $201,409 by year five. Five-year ROI tracks 68.5% and total cumulative return in cash totals $164,292. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,841/mo property income relative to a $3,568/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07727, Farmingdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,702 (100%) |
| Owner Occupied HU | 2,746 (74.2%) |
| Renter Occupied HU | 717 (19.4%) |
| Vacant Housing Units | 239 ( 6.5%) |
| Median Home Value | $749,757 |
| Average Home Value | $766,476 |
Housing Distribution
Address Breakdown
Residential
3,338
Single Family
3,198
Multi-Family
140
Businesses
677
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Listed by: Steven Porzio • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22425797
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.