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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 81 Ocean Avenue, Middletown, NJ, 07748 priced at $379,000 pairs $3,462/mo rent with $761/mo cash flow after a $1,855/mo payment. Total monthly income equals $3,462/mo, and annual cash flow comes to $9,127/yr on $125,639 invested. Return on cash invested is 27.17% in year one, and rental yield stands at 10.96% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. Five-year ROI measures 143.04% and total cumulative return in cash reaches $179,711. For financing, Ziffy Mortgage’s DSCR program evaluates $3,462/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
N/A 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 |
|---|---|---|
| 2025-04-22 | Listed for sale | $379,000 |
| 2024-03-26 | Listing removed | N/A |
| 2024-03-18 | Listed for rent | $2,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $4352.67 | 1.60% | $264,600 | 7.34% |
| 2023-04-23 | $4284.17 | 1.30% | $246,500 | 9.75% |
| 2022-04-23 | $4229.22 | 5.24% | $224,600 | 16.25% |
Listed by: Nicholas Smutz • VRI Homes
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511406
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.
