1 Walter Way, Monroe Township, NJ, 08831 | $417/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1 Walter Way, Monroe Township, NJ, 08831 | $417/mo Cash Flow | Ziffy

For Sale

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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

Rental property for sale in Monroe Township at 1 Walter Way, Monroe Township, NJ, 08831 priced at $539,900 pairs $4,266/mo rent with $417/mo cash flow after a $2,643/mo payment. Total monthly income equals $4,266/mo, and annual cash flow comes to $5,007/yr on $177,627 invested. Return on cash invested is 22.88% in year one, and rental yield stands at 9.48% on a $539,900 basis. Equity gained on principal adds $3,484/yr, and 5% annual appreciation accumulates to $149,164 by year five. Five-year ROI measures 119.99% and total cumulative return in cash reaches $213,139. For financing, Ziffy Mortgage’s DSCR program evaluates $4,266/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1996

N/A lot

$N/A/sqft

No HOA

More details about the property

This fully detached Danbury model with a 2-car garage in the desired 55+ community of Greenbriar has much to offer. A Lovely kitchen with a center island and large palladium window makes the kitchen especially light and bright. The living room boasts skylights and vaulted ceilings, the family room features a gas fireplace and sliders that open to a deck with awning. A formal dinning room, 2 bedrooms bedrooms with spacious closets and 2 full baths provide ample space for relaxation and entertaining. Greenbriar amenities include a vibrant Clubhouse, Indoor and Outdoor pools, gym, restaurant, Golf, Tennis, Pickleball, Security to name a few. Close to shopping and transportation too.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.

Housing Distribution

Housing Statistics

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