85 Edwards 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 85 Edwards Drive, Freehold, NJ, 07728 priced at $699,900 converts $5,284/mo rent into $295/mo cash flow after a $3,426/mo obligation. Total monthly income equals $5,284/mo, and annual cash flow totals $3,539/yr on $230,267 invested. Return on cash invested prints 21.6% in year one, and rental yield reads 9.06% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. Five-year ROI reaches 113.09% and total cumulative return in cash sums $260,420. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,284/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.65 Acres 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: Robert M Shirvanian • EXIT Realty East Coast Shirvanian
Mls Name: MoreMLS
Mls ID: #22529036