1021 Edpas RdNew BrunswickNJ08901
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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
Investment property for sale in New Brunswick at 1021 Edpas Rd, New Brunswick, NJ, 08901 uses $107,406 cash to close to unlock $4,337/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $2,671/mo, and a $1,586/mo payment keeps the spread at $361/mo. Purchase price stands at $324,000, and rental yield measures 9.89% with $2,671/mo rent. Return on cash invested shows 23.95% in year one, and 5% annual appreciation builds toward $89,515 over five years. Five-year ROI reaches 125.73% and total cumulative return in cash records $135,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,671/mo property income covering a $1,586/mo payment rather than investor’s personal income.
Condo
Built in 1988
971.39 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,374
Single Family
11,765
Multi-Family
4,609
Businesses
1,520
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Listed by: DAVID REYNES • EXP REALTY, LLC
Mls Name: All Jersey MLS
Mls ID: #2607347R