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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 Old Bridge at 158 Devon Ct, Old Bridge, NJ, 08857 offers $3,688/mo rent that, after a $2,276/mo payment, leaves $374/mo cash flow. Total monthly income is $3,688/mo, and annual cash flow is $4,482/yr on $154,148 cash. Return on cash invested measures 22.82% in year one, and rental yield stands at 9.52% at a $465,000 entry. Equity gained on principal adds $3,001/yr while 5% annual appreciation compounds into $128,471 by year five. Five-year ROI records 119.67% and total cumulative return in cash reaches $184,475. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,688/mo property income versus a $2,276/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1982
2,640 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08857, Old Bridge, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,707 (100%) |
| Owner Occupied HU | 10,623 (63.6%) |
| Renter Occupied HU | 5,316 (31.8%) |
| Vacant Housing Units | 768 ( 4.6%) |
| Median Home Value | $525,448 |
| Average Home Value | $561,906 |
Residential
16,034
Single Family
14,855
Multi-Family
1,179
Businesses
937
Date | Event | Price |
|---|---|---|
| 2025-02-15 | Listed for sale | $465,000 |
| 2017-01-30 | Sold | $251,000 |
| 2016-12-20 | Sold | $151,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $6658.12 | 4.30% | $120,400 | N/A |
| 2023-02-18 | $6383.61 | 2.34% | $120,400 | N/A |
| 2022-02-18 | $6237.92 | 1.69% | $120,400 | N/A |
Listed by: Camille Randello • ELLEN ROSENBAUM REAL ESTATE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2508604R
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