16 Iroquois TrlBranchburgNJ08876
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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
Rental property for sale in Branchburg at 16 Iroquois Trl, Branchburg, NJ, 08876 priced at $589,900 converts $3,359/mo rent into after a $2,887/mo obligation. Total monthly income equals $3,359/mo. Return on cash invested prints 14.83% in year one, and rental yield reads 6.83% against a $589,900 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $162,978 by year five. Five-year ROI reaches 76.84% and total cumulative return in cash sums $149,121. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,359/mo property income covering a $2,887/mo payment, not borrower’s personal income.
Townhouse
Built in 1988
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08876, Somerville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,183 (100%) |
| Owner Occupied HU | 6,170 (55.2%) |
| Renter Occupied HU | 4,259 (38.1%) |
| Vacant Housing Units | 754 ( 6.7%) |
| Median Home Value | $537,859 |
| Average Home Value | $581,425 |
Housing Distribution
Address Breakdown
Residential
10,180
Single Family
9,519
Multi-Family
661
Businesses
1,475
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Listed by: Ann Marie Lukas • Re/Max Instyle
Mls Name: GSMLS
Mls ID: #3995178