1212 Route31, Lebanon, NJ, 08833 | 5.72% Rental Yield

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Price: $300K - 500K

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1212 Route31, Lebanon, NJ, 08833 | 5.72% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lebanon at 1212 Route31, Lebanon, NJ, 08833 earns from $2,760/mo rent with a $2,834/mo payment. Total monthly income totals $2,760/mo. ROI tracks 11.45% on current figures, and rental yield reads 5.72% at a $579,000 purchase. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 over five years. Five-year ROI reaches 58.68% and total cumulative return in cash sums $111,775. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.

Single Family

Built in 1939

1.35 Acres lot

$N/A/sqft

No HOA

More details about the property

BACK ON MARKET -Great investment opportunity located in the heart of Clinton Township. This property has been zone C1 Commercial. Multiple uses. Pre-Existing Non-Conforming Colonial Style Wood Frame Home approximate 2080 square. 3 bedrooms and 2 full bathrooms. Living Room, Dining Room, Kitchen, Sunroom, enclosed porch. Attached has a 21 foot by 12-foot-wide carport. Home needs TLC yet Charming. The next building- Previously Operating as an autobody shop no longer approved for that. An approximate 2796 square feet wood frame repair garage with 2 bays up front and a paint booth bay in the rear lower level. The rear port ion of the main level has three offices and a bathroom plus a small break area. One Quonset Hut, 2 Metal Sheds (One is 1,014 square feet and the other 1,003 square feet. Parking lot with over 10 parking spaces and more space to park in the back. Conveniently located off route 31.