1383 Thomas AveNorth BrunswickNJ08902
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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 North Brunswick at 1383 Thomas Ave, North Brunswick, NJ, 08902 uses $154,148 cash to close to unlock $6,330/yr annual cash flow and $528/mo monthly cash flow. Total monthly income runs $3,842/mo, and a $2,276/mo payment keeps the spread at $528/mo. Purchase price stands at $465,000, and rental yield measures 9.91% with $3,842/mo rent. Return on cash invested shows 24.02% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 126.1% and total cumulative return in cash records $194,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,842/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Condo
Built in 1984
2,413 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08902, North Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,949 (100%) |
| Owner Occupied HU | 8,945 (56.1%) |
| Renter Occupied HU | 6,470 (40.6%) |
| Vacant Housing Units | 534 ( 3.3%) |
| Median Home Value | $492,190 |
| Average Home Value | $530,436 |
Housing Distribution
Address Breakdown
Residential
15,709
Single Family
13,975
Multi-Family
1,734
Businesses
1,261
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Listed by: Vanessa C. Shives • QUEENSTON REALTY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2561886M
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