8 Harte CourtFreeholdNJ07728
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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 8 Harte Court, Freehold, NJ, 07728 priced at $419,000 pairs $3,931/mo rent with $944/mo cash flow after a $2,051/mo payment. Total monthly income equals $3,931/mo, and annual cash flow comes to $11,331/yr on $138,899 invested. Return on cash invested is 28.07% in year one, and rental yield stands at 11.26% on a $419,000 basis. Equity gained on principal adds $2,704/yr, and 5% annual appreciation accumulates to $115,762 by year five. Five-year ROI measures 147.84% and total cumulative return in cash reaches $205,349. For financing, Ziffy Mortgage’s DSCR program evaluates $3,931/mo property income against a $2,051/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
3,049 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: Julie Ann King • RE/MAX Central
Mls Name: MoreMLS
Mls ID: #22535268