110 Somerset St APT 2114New 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 110 Somerset St APT 2114, New Brunswick, NJ, 08901 listed at $499,900 pairs $3,248/mo rent with a $2,447/mo payment. Total monthly income runs $3,248/mo. Return on cash invested measures 17.62% in year one, and rental yield registers 7.8% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 91.83% and total cumulative return in cash totals $152,172. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,248/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2012
N/A 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: JAI LEE • RE/MAX WELCOME HOME
Mls Name: All Jersey MLS
Mls ID: #2514673R