111 N Branch River Rd Condo #111SomervilleNJ08876
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 111 N Branch River Rd Condo #111, Somerville, NJ, 08876 in Somerville achieves a 1.77 ratio at $460,000: $3,654/mo rent versus $2,068/mo debt service. Rental yield 9.53%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.53% yield compounds alongside 5% annual appreciation projecting $127,090 in value. Total projected cumulative return: $172,040.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $(99) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,654 |
| Total Monthly Debt Service | $3,570 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2010
N/A lot
$N/A/sqft
$474 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08876, Somerville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,183 (100%) |
| Owner Occupied HU | 6,170 (55.2%) |
| Renter Occupied HU | 4,259 (38.1%) |
| Vacant Housing Units | 754 ( 6.7%) |
| Median Home Value | $537,859 |
| Average Home Value | $581,425 |
Housing Distribution
Address Breakdown
Residential
10,180
Single Family
9,519
Multi-Family
661
Businesses
1,475
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
Condo
Built in 2010
N/A lot
$N/A/sqft
$474 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08876, Somerville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,183 (100%) |
| Owner Occupied HU | 6,170 (55.2%) |
| Renter Occupied HU | 4,259 (38.1%) |
| Vacant Housing Units | 754 ( 6.7%) |
| Median Home Value | $537,859 |
| Average Home Value | $581,425 |
Housing Distribution
Address Breakdown
Residential
10,180
Single Family
9,519
Multi-Family
661
Businesses
1,475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen A. Geczik • Keller Williams Greater Brunswick
Mls Name: GSMLS
Mls Provider:
Mls ID: #3961467
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