15 Mccoy AvenueMetuchenNJ08840
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
Rental property for sale in Metuchen at 15 Mccoy Avenue, Metuchen, NJ, 08840 priced at $795,000 pairs $5,162/mo rent with after a $3,891/mo payment. Total monthly income equals $5,162/mo. Return on cash invested is 17.75% in year one, and rental yield stands at 7.79% on a $795,000 basis. Equity gained on principal adds $5,130/yr, and 5% annual appreciation accumulates to $219,644 by year five. Five-year ROI measures 92.46% and total cumulative return in cash reaches $241,822. For financing, Ziffy Mortgage’s DSCR program evaluates $5,162/mo property income against a $3,891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
4,791 sqft 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: Deborah J Mara • RE/MAX Homeland Realtors
Mls Name: MoreMLS
Mls ID: #22602115