122 Coleman St, Middlesex, NJ, 08846 | $917/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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122 Coleman St, Middlesex, NJ, 08846 | $917/mo Cash Flow | 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

Rental property for sale in Middlesex at 122 Coleman St, Middlesex, NJ, 08846 priced at $479,900 pairs $4,338/mo rent with $917/mo cash flow after a $2,349/mo payment. Total monthly income equals $4,338/mo, and annual cash flow comes to $11,007/yr on $159,087 invested. Return on cash invested is 26.83% in year one, and rental yield stands at 10.85% on a $479,900 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,588 by year five. Five-year ROI measures 141.2% and total cumulative return in cash reaches $224,625. For financing, Ziffy Mortgage’s DSCR program evaluates $4,338/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1940

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming, well maintained, Light-filled 4 bedroom, 2 bath colonial offering spacious and versatile living across four levels. The first floor features a large living room, formal dining room, and kitchen. Dining room leads to a Trex deck that overlooks a beautifully landscaped, fully fenced backyard. A bright Florida room just off the living room provides the perfect spot to relax and unwind. Second floor features three bedrooms w/ hardwood floors and main bath. Third floor fourth bedroom in a finished attic loft with closet and storage. The finished basement includes laundry area, second full bath, storage room, and a bonus room ideal for a home office, guest space, or recreation .Detached garage with bonus room features electric, wall A/C, and a refrigerator perfect for a workshop, hobby space, or additional storage. Most rooms have ceiling fans. All appliances and wall A/C units stay. Convenient location close to major highways and public transit. A charming, move-in-ready home with space to live, work and relax- inside and out! Flood insurance required.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08846, Middlesex, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,620 (100%)
Owner Occupied HU	3,793 (67.5%)
Renter Occupied HU	1,660 (29.5%)
Vacant Housing Units	167 ( 3.0%)
Median Home Value	$455,549
Average Home Value	$512,040