1150 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
Investment property for sale in North Brunswick at 1150 Schmidt Ln, North Brunswick, NJ, 08902 uses $119,307 cash to close to unlock $7,323/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $3,176/mo, and a $1,762/mo payment keeps the spread at $610/mo. Purchase price stands at $359,900, and rental yield measures 10.59% with $3,176/mo rent. Return on cash invested shows 26.05% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 137.01% and total cumulative return in cash records $163,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,176/mo property income covering a $1,762/mo payment rather than investor’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: YANG HUANG • REALMART REALTY LLC
Mls Name: All Jersey MLS
Mls ID: #2606660R