1030 Schmidt LnNorth BrunswickNJ08902
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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 North Brunswick at 1030 Schmidt Ln, North Brunswick, NJ, 08902 priced at $425,000 converts $3,518/mo rent into $489/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,518/mo, and annual cash flow totals $5,866/yr on $140,888 invested. Return on cash invested prints 24.07% in year one, and rental yield reads 9.93% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 126.39% and total cumulative return in cash sums $178,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,518/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Townhouse
Built in 1984
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08902, North Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,949 (100%) |
| Owner Occupied HU | 8,945 (56.1%) |
| Renter Occupied HU | 6,470 (40.6%) |
| Vacant Housing Units | 534 ( 3.3%) |
| Median Home Value | $492,190 |
| Average Home Value | $530,436 |
Housing Distribution
Address Breakdown
Residential
15,709
Single Family
13,975
Multi-Family
1,734
Businesses
1,261
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Listed by: Niraj Parikh • REAL
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2503919R
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