15 Prado RoadMonroe TownshipNJ08831
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 15 Prado Road, Monroe Township, NJ, 08831 in Monroe Township at $796,140, 5.25% gross yield, is a market-growth asset. Rental yield 5.25%. The $3,480/mo rent partially funds the $3,580/mo debt service; the core return is the 5%/yr price growth projected to add $219,959 over five years. Ziffy Mortgage's DSCR mortgage (0.97) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $141,084.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 5.1% |
| Monthly Cash Flow | $(2,575) | $285 |
City averages based on Monroe Township market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,480 |
| Total Monthly Debt Service | $5,738 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$380 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,207 (100%) |
| Owner Occupied HU | 21,489 (85.3%) |
| Renter Occupied HU | 2,452 ( 9.7%) |
| Vacant Housing Units | 1,266 ( 5.0%) |
| Median Home Value | $593,087 |
| Average Home Value | $608,854 |
Housing Distribution
Address Breakdown
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
$380 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,207 (100%) |
| Owner Occupied HU | 21,489 (85.3%) |
| Renter Occupied HU | 2,452 ( 9.7%) |
| Vacant Housing Units | 1,266 ( 5.0%) |
| Median Home Value | $593,087 |
| Average Home Value | $608,854 |
Housing Distribution
Address Breakdown
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra A Glatz • Lennar Sales Corp.
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22518555
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.