13 Beverly RdOld 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 13 Beverly Rd, Old Bridge, NJ, 08857 priced at $599,000 converts $3,955/mo rent into after a $2,932/mo obligation. Total monthly income equals $3,955/mo. Return on cash invested prints 18.14% in year one, and rental yield reads 7.92% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 94.59% and total cumulative return in cash sums $186,418. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,955/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1954
6,499 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: NICOLE RABBAT LEVINE • HERITAGE HOUSE SOTHEBY'S INT'L
Mls Name: All Jersey MLS
Mls ID: #2602805R