140 Newman StMetuchenNJ08840
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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 Metuchen at 140 Newman St, Metuchen, NJ, 08840 offers $3,180/mo rent that, after a $2,080/mo payment, leaves $151/mo cash flow. Total monthly income is $3,180/mo, and annual cash flow is $1,810/yr on $140,888 cash. Return on cash invested measures 21.19% in year one, and rental yield stands at 8.98% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 110.95% and total cumulative return in cash reaches $156,317. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,180/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08840, Metuchen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,872 (100%) |
| Owner Occupied HU | 4,976 (72.4%) |
| Renter Occupied HU | 1,673 (24.3%) |
| Vacant Housing Units | 223 ( 3.2%) |
| Median Home Value | $605,641 |
| Average Home Value | $649,833 |
Housing Distribution
Address Breakdown
Residential
6,869
Single Family
6,629
Multi-Family
240
Businesses
908
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Listed by: MARGARET P. COOK • BH HOMESERVICES FOX & ROACH
Mls Name: All Jersey MLS
Mls ID: #2602494R