1 Spring St UNIT 1806, New Brunswick, NJ, 08901 | $52/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1 Spring St UNIT 1806, New Brunswick, NJ, 08901 | $52/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Brunswick at 1 Spring St UNIT 1806, New Brunswick, NJ, 08901 listed at $525,000 pairs $3,794/mo rent with a $2,570/mo payment to leave $52/mo cash flow. Total monthly income runs $3,794/mo, and annual cash flow reaches $618/yr on $172,725 cash to close. Return on cash invested measures 20.42% in year one, and rental yield registers 8.67% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 106.79% and total cumulative return in cash totals $184,449. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,794/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2006

22.96 Acres lot

$N/A/sqft

No HOA

More details about the property

From the moment you enter one of the higher units in the high rise, you are surrounded by elegance & style with a designer accessorized interior to reflect the timeless definition of style & sophistication. State of the art high-rise condo is artfully appointed with all the comforts of modern living. Updated, RARE UNIT in building that the front door swings open to a view of the sky and not a hallway (This dramatic entrance greets you and your guest every time)!!! Also, one of few units in the building that you can see the NEW YORK CITY SKYLINE. Gourmet granite/stainless steel kitchen. Hardwood & Marble floors. Designer Baths. Living Room with wall-to-wall glass view & full glass door leading to the terrace that overlooks the Premier Resort Side of the High rise, the Raritan River and NY City skyline. See the Raritan River from all rooms. King's suite with wall of windows, marble & Porcelain bath & Large closet. 2nd Bedroom with wall of windows, Formal dining room. Laundry Room. Freshly Painted! New Hardwood floors! Located centrally in the Great City of New Brunswick. (Rutgers, NY train, bus, Middlesex County Ct. House, RWJ & St. Peters hospitals, J&J corp., Parks, Restaurant-theater-nightclub district). Amenities Inc.: 24 Hour doorman to receive guest, sky deck, billiards & game room, lounge, Prominade with BBQ's & tables, tanning area, dog park, patios, gardens, kid play area, amazing Gym, 365 Day Indoor heated pool, sauna, basement storage. PLUS: GAS, WATER & SEWER are Include! On-site Parking Available. The High-rise is called the ONE for good reason, designed by Costa Kondylis & Partners LLP. Kondylis added more than 85 towers to the New York skyline, including Trump Tower. Come live in one of the most Luxurious units & Play in the city you love while you enjoy the Luxurious Lifestyle.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08901, New Brunswick, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,186 (100%)
Owner Occupied HU	3,152 (17.3%)
Renter Occupied HU	12,900 (70.9%)
Vacant Housing Units	2,134 (11.7%)
Median Home Value	$390,987
Average Home Value	$438,988