13 Bray CtSomersetNJ08873
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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 Somerset at 13 Bray Ct, Somerset, NJ, 08873 offers a 6.57% rental yield on a $875,500 purchase with $4,794/mo rent. 03% in year one. Equity gained on principal adds $5,649/yr while 5% annual appreciation supports $241,885 over five years. Portfolio math shows five-year ROI at 72.54% and total cumulative return in cash at $208,956. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,794/mo property income against a $4,285/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08873, Somerset, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,399 (100%) |
| Owner Occupied HU | 14,076 (62.8%) |
| Renter Occupied HU | 7,273 (32.5%) |
| Vacant Housing Units | 1,050 ( 4.7%) |
| Median Home Value | $507,032 |
| Average Home Value | $561,292 |
Housing Distribution
Address Breakdown
Residential
22,210
Single Family
20,350
Multi-Family
1,860
Businesses
1,471
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Listed by: Anne W. Cohen • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #3994358