120 Diamond LnOld 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
Investment property for sale in Old Bridge at 120 Diamond Ln, Old Bridge, NJ, 08857 at $639,900 posts ROI 16.91% with from $4,009/mo rent. Total monthly income equals $4,009/mo. Return on cash invested measures 16.91% and rental yield reads 7.52% at the current $639,900. Equity gained on principal adds $4,129/yr, and 5% annual appreciation supports $176,793 by year five. Five-year ROI prints 87.98% and total cumulative return in cash totals $185,219. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,009/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1983
2,230 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: MICHELLE RIZZO • RE/MAX WELCOME HOME
Mls Name: All Jersey MLS
Mls ID: #2610210R