122A Remsen Ave BLDG 122 #ANew BrunswickNJ08901
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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 New Brunswick at 122A Remsen Ave BLDG 122 #A, New Brunswick, NJ, 08901 uses $82,875 cash to close to unlock $92/yr annual cash flow and $8/mo monthly cash flow. Total monthly income runs $1,790/mo, and a $1,224/mo payment keeps the spread at $8/mo. Purchase price stands at $250,000, and rental yield measures 8.59% with $1,790/mo rent. Return on cash invested shows 20.02% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 104.69% and total cumulative return in cash records $86,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,790/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08901, New Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,186 (100%) |
| Owner Occupied HU | 3,152 (17.3%) |
| Renter Occupied HU | 12,900 (70.9%) |
| Vacant Housing Units | 2,134 (11.7%) |
| Median Home Value | $390,987 |
| Average Home Value | $438,988 |
Housing Distribution
Address Breakdown
Residential
16,374
Single Family
11,765
Multi-Family
4,609
Businesses
1,520
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Listed by: Leyla E. Rosario • Lim Bances Realty
Mls Name: GSMLS
Mls ID: #3991437