1516 N Indian PlNorth BrunswickNJ08902
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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
Investment property for sale in North Brunswick at 1516 N Indian Pl, North Brunswick, NJ, 08902 listed at $599,999 pairs $4,426/mo rent with a $2,937/mo payment to leave $149/mo cash flow. Total monthly income runs $4,426/mo, and annual cash flow reaches $1,788/yr on $197,400 cash to close. Return on cash invested measures 20.97% in year one, and rental yield registers 8.85% at a $599,999 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 109.71% and total cumulative return in cash totals $216,563. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,426/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
9,448 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08902, North Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,949 (100%) |
| Owner Occupied HU | 8,945 (56.1%) |
| Renter Occupied HU | 6,470 (40.6%) |
| Vacant Housing Units | 534 ( 3.3%) |
| Median Home Value | $492,190 |
| Average Home Value | $530,436 |
Housing Distribution
Address Breakdown
Residential
15,709
Single Family
13,975
Multi-Family
1,734
Businesses
1,261
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Listed by: Mark Taylor • RE/MAX ACHIEVERS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2561633M
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