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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 Colts Neck at 8 Victorian Way, Colts Neck, NJ, 07722 generates $7,963/mo in rent, after a $9,789/mo payment. Total monthly income is $7,963/mo. Return on cash invested sits at 8.72% in year one, and rental yield is 4.78% on a $1,999,910 entry. Equity gained on principal adds $12,905/yr, while 5% annual appreciation builds toward $552,538 over five years. Five-year ROI reaches 43.99% and total cumulative return in cash sums $285,015. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,963/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07722, Colts Neck, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,525 (100%) |
| Owner Occupied HU | 3,103 (88.0%) |
| Renter Occupied HU | 274 ( 7.8%) |
| Vacant Housing Units | 148 ( 4.2%) |
| Median Home Value | $966,924 |
| Average Home Value | $1,135,715 |
Residential
3,511
Single Family
3,511
Multi-Family
0
Businesses
441
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Listed for sale | $1,999,910 |
| 2009-07-29 | Sold | $1,325,000 |
| 2009-04-26 | Listed for sale | $1,449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $23273.80 | 6.25% | $1,562,000 | 10.96% |
| 2023-01-28 | $21903.81 | 3.60% | $1,407,700 | 10.59% |
| 2022-01-28 | $21142.87 | 5.34% | $1,272,900 | 10.73% |
What's Special
Pull Down Stairs
Listed by: David Ten Hoeve • Keller Williams Realty Central Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22428553
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.
