147 Joseph StreetEast BrunswickNJ08816
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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 East Brunswick at 147 Joseph Street, East Brunswick, NJ, 08816 offers $3,677/mo rent that, after a $3,416/mo payment. Total monthly income is $3,677/mo. Return on cash invested measures 13.28% in year one, and rental yield stands at 6.32% at a $698,000 entry. Equity gained on principal adds $4,504/yr while 5% annual appreciation compounds into $192,845 by year five. Five-year ROI records 68.51% and total cumulative return in cash reaches $157,320. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,677/mo property income versus a $3,416/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08816, East Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,968 (100%) |
| Owner Occupied HU | 13,823 (76.9%) |
| Renter Occupied HU | 3,231 (18.0%) |
| Vacant Housing Units | 914 ( 5.1%) |
| Median Home Value | $587,948 |
| Average Home Value | $602,446 |
Housing Distribution
Address Breakdown
Residential
17,622
Single Family
16,659
Multi-Family
963
Businesses
1,743
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Listed by: Domenick De Gennaro • Weichert Realtors-Sea Girt
Mls Name: MOMLS
Mls Provider:
Mls ID: #22520753
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.