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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 Monroe Township at 1 Clover Ln, Monroe Township, NJ, 08831 priced at $849,999 converts $4,555/mo rent into after a $4,160/mo obligation. Total monthly income equals $4,555/mo. Return on cash invested prints 13.61% in year one, and rental yield reads 6.43% against a $849,999 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 70.26% and total cumulative return in cash sums $196,485. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,555/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Townhouse
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,207 (100%) |
| Owner Occupied HU | 21,489 (85.3%) |
| Renter Occupied HU | 2,452 ( 9.7%) |
| Vacant Housing Units | 1,266 ( 5.0%) |
| Median Home Value | $593,087 |
| Average Home Value | $608,854 |
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
Date | Event | Price |
|---|---|---|
| 2025-02-01 | Price change | $849,999 |
| 2025-01-14 | Listed for sale | $849,000 |
| 2022-05-31 | Sold | $755,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $12341.10 | 3.71% | $465,000 | N/A |
| 2023-02-18 | $11899.35 | 1.67% | $465,000 | N/A |
| 2022-02-18 | $11704.05 | 0.48% | $465,000 | N/A |
Listed by: Swarna Venkatesan • NEW AND MODERN GROUP LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2508754R
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