1406 Locust CtMonmouth JunctionNJ08852
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Monmouth Junction at 1406 Locust Ct, Monmouth Junction, NJ, 08852 earns from $2,760/mo rent with a $2,271/mo payment. Total monthly income totals $2,760/mo. ROI tracks 15.64% on current figures, and rental yield reads 7.14% at a $464,000 purchase. Equity gained on principal adds $2,994/yr, and 5% annual appreciation supports $128,195 over five years. Five-year ROI reaches 81.18% and total cumulative return in cash sums $124,869. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.
Single Family
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08852, Monmouth Junction, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,820 (100%) |
| Owner Occupied HU | 4,322 (63.4%) |
| Renter Occupied HU | 2,215 (32.5%) |
| Vacant Housing Units | 283 ( 4.1%) |
| Median Home Value | $666,326 |
| Average Home Value | $679,054 |
Housing Distribution
Address Breakdown
Residential
6,935
Single Family
6,860
Multi-Family
75
Businesses
483
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Nearby investment properties with comparable prices
Listed by: Sushma Trousdale • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3969539
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