107 Commons DrEast BrunswickNJ08816
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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 East Brunswick at 107 Commons Dr, East Brunswick, NJ, 08816 priced at $449,990 converts $3,106/mo rent into after a $2,202/mo obligation. Total monthly income equals $3,106/mo. Return on cash invested prints 19.1% in year one, and rental yield reads 8.28% against a $449,990 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,324 by year five. Five-year ROI reaches 99.74% and total cumulative return in cash sums $148,791. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,106/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Condo
Built in 1988
217.80 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08816, East Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,968 (100%) |
| Owner Occupied HU | 13,823 (76.9%) |
| Renter Occupied HU | 3,231 (18.0%) |
| Vacant Housing Units | 914 ( 5.1%) |
| Median Home Value | $587,948 |
| Average Home Value | $602,446 |
Housing Distribution
Address Breakdown
Residential
17,622
Single Family
16,659
Multi-Family
963
Businesses
1,743
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Listed by: JANE MUELLER • RE/MAX FIRST REALTY, INC.
Mls Name: All Jersey MLS
Mls ID: #2605296R