14 Albert Dr, Old Bridge, NJ, 08857 | $350/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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14 Albert Dr, Old Bridge, NJ, 08857 | $350/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

Investment property for sale in Old Bridge at 14 Albert Dr, Old Bridge, NJ, 08857 uses $165,750 cash to close to unlock $4,204/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $3,914/mo, and a $2,447/mo payment keeps the spread at $350/mo. Purchase price stands at $500,000, and rental yield measures 9.39% with $3,914/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 117.69% and total cumulative return in cash records $195,068. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,914/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Single Family

Built in 1958

6,499 sqft lot

$N/A/sqft

No HOA

More details about the property

Buyers with vision, contractors and investors, HERE'S YOUR NEW HOME! This 3 BR, 1 1/2 BA SPACEMAKER model is waiting for a new owner to make it the diamond it can be. House is in need of updates but there's so much potential here. Start with the lovely landscaping and paver front entryway, Enter the spacious foyer and you will see the large family room with 1/2 bath on the first floor. Move up the first set of stairs to a generous LR, DR and EIK. The third floor of this split level has 3 bedrooms with a full bath that includes a Jack and Jill entry into the MBR. Hardwood under carpets in LR, DR and 2 bedrooms and luxury vinyl in the third bedroom. Additionally, there is a partial basement with the laundry and utilities but, also, room enough to finish for more living space. Lastly, there is a spacious fenced yard to turn into your oasis. All of this in the fantastic neighborhood of Sayrewoods South. You will be so close to everything you could ever need with shopping, restaurants and commuting both locally and to NYC only a stone's throw away. All of this at an unbelievable price!

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