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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in East Brunswick at 15 Lake Ave APT 1B, East Brunswick, NJ, 08816 priced at $249,500 converts $1,672/mo rent into after a $1,221/mo obligation. Total monthly income equals $1,672/mo. Return on cash invested prints 18.37% in year one, and rental yield reads 8.04% against a $249,500 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation compiles into $68,932 by year five. Five-year ROI reaches 95.83% and total cumulative return in cash sums $79,257. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,672/mo property income covering a $1,221/mo payment, not borrower’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08816, East Brunswick, NJ area.
| 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 |
Residential
17,622
Single Family
16,659
Multi-Family
963
Businesses
1,743
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $249,500 |
| 2020-11-23 | Listing removed | $1,425 |
| 2020-09-01 | Listed for rent | $1,425 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $4350.50 | 2.78% | $36,800 | N/A |
| 2023-04-18 | $4232.74 | 0.34% | $36,800 | N/A |
| 2022-04-18 | $4218.38 | 2.93% | $36,800 | N/A |
Listed by: Suk L Chiu-Ng • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2561410M
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