119 Nightingale CtOld BridgeNJ08857
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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 Old Bridge at 119 Nightingale Ct, Old Bridge, NJ, 08857 generates $4,350/mo in rent and, after a $2,716/mo payment, leaves $395/mo in cash flow. Total monthly income is $4,350/mo, and annual cash flow is $4,734/yr on $182,595 invested. Return on cash invested sits at 22.65% in year one, and rental yield is 9.41% on a $555,000 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 118.77% and total cumulative return in cash sums $216,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,350/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08857, Old Bridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,707 (100%) |
| Owner Occupied HU | 10,623 (63.6%) |
| Renter Occupied HU | 5,316 (31.8%) |
| Vacant Housing Units | 768 ( 4.6%) |
| Median Home Value | $525,448 |
| Average Home Value | $561,906 |
Housing Distribution
Address Breakdown
Residential
16,034
Single Family
14,855
Multi-Family
1,179
Businesses
937
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Listed by: ELIZABETH A. QUAICOE • ASANTE REALTY GROUP LLC
Mls Name: All Jersey MLS
Mls ID: #2609515R