106 S Pennington RdNew BrunswickNJ08901
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Brunswick at 106 S Pennington Rd, New Brunswick, NJ, 08901 generates $4,748/mo in rent and, after a $2,594/mo payment, leaves $970/mo in cash flow. Total monthly income is $4,748/mo, and annual cash flow is $11,644/yr on $174,370 invested. Return on cash invested sits at 26.74% in year one, and rental yield is 10.75% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 140.68% and total cumulative return in cash sums $245,299. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,748/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
7,644 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kaitlyn Mooney • Island Realty-Surf City
Mls Name: Bright MLS
Mls ID: #NJMX2010434