1002 Woodbridge Commons Way, Iselin, NJ, 08830 | $196/mo Cash Flow

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1002 Woodbridge Commons Way, Iselin, NJ, 08830 | $196/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 Iselin at 1002 Woodbridge Commons Way, Iselin, NJ, 08830 offers a 9.16% rental yield on a $385,000 purchase with $2,940/mo rent. Total monthly income registers $2,940/mo, and a $1,884/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,354/yr on $127,628 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 113.99% and total cumulative return in cash at $145,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,940/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

Location !! Location !! Location !! Come see this 2 Bedroom,2-bathroom Condo available for sale in the desirable Woodbridge Commons Community! This condo features an updated interior, a modern kitchen with stainless steel appliances, updated bathrooms, and vinyl flooring throughout. This condo is perfect for a first time home buyer or an ideal investment property. HOA includes tennis court, pickleball court, trash, snow removal, landscaping, water and sewer. Conveniently located near Metro Park train station and shopping making it perfect for commuters.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08830, Iselin, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,122 (100%)
Owner Occupied HU	4,099 (57.6%)
Renter Occupied HU	2,758 (38.7%)
Vacant Housing Units	265 ( 3.7%)
Median Home Value	$481,515
Average Home Value	$522,167