117 Old Nassau Rd #CMonroe TownshipNJ08831
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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 Monroe Township at 117 Old Nassau Rd #C, Monroe Township, NJ, 08831 earns $72/mo cash flow from $1,033/mo rent with a $660/mo payment. Total monthly income totals $1,033/mo, and annual cash flow totals $861/yr on $44,719 capital. ROI tracks 21.83% on current figures, and rental yield reads 9.19% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 114.4% and total cumulative return in cash sums $51,161. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,033/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,207 (100%) |
| Owner Occupied HU | 21,489 (85.3%) |
| Renter Occupied HU | 2,452 ( 9.7%) |
| Vacant Housing Units | 1,266 ( 5.0%) |
| Median Home Value | $593,087 |
| Average Home Value | $608,854 |
Housing Distribution
Address Breakdown
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
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Listed by: CHRISTOPHER RYAN • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2602349R