10 Julie CtSomersetNJ08873
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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 Somerset at 10 Julie Ct, Somerset, NJ, 08873 offers $7,169/mo rent that, after a $4,890/mo payment, leaves $48/mo cash flow. Total monthly income is $7,169/mo, and annual cash flow is $575/yr on $328,671 cash. Return on cash invested measures 20.24% in year one, and rental yield stands at 8.61% at a $999,000 entry. Equity gained on principal adds $6,446/yr while 5% annual appreciation compounds into $276,005 by year five. Five-year ROI records 105.79% and total cumulative return in cash reaches $347,714. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,169/mo property income versus a $4,890/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08873, Somerset, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,399 (100%) |
| Owner Occupied HU | 14,076 (62.8%) |
| Renter Occupied HU | 7,273 (32.5%) |
| Vacant Housing Units | 1,050 ( 4.7%) |
| Median Home Value | $507,032 |
| Average Home Value | $561,292 |
Housing Distribution
Address Breakdown
Residential
22,210
Single Family
20,350
Multi-Family
1,860
Businesses
1,471
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Listed by: NAYNA BAWA • NEW JERSEY REALTY, LLC.
Mls Name: All Jersey MLS
Mls ID: #2602844R