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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 Monroe Township at 16 Moorland Boulevard, Monroe Township, NJ, 08831 generates $4,531/mo in rent, after a $6,118/mo payment. Total monthly income is $4,531/mo. Return on cash invested sits at 6.95% in year one, and rental yield is 4.35% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 34.69% and total cumulative return in cash sums $140,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,531/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
9,583 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.
| 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 |
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $1,250,000 |
| 2018-06-01 | Listing removed | $624,900 |
| 2018-05-31 | Pending sale | $624,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $13124.03 | 3.71% | $494,500 | N/A |
| 2023-06-27 | $12654.26 | 1.67% | $494,500 | N/A |
| 2022-06-27 | $12446.57 | 0.48% | $494,500 | N/A |
What's Special
Attic
Listed by: David Borrero • RE/MAX Homeland Realtors
Mls Name: MOMLS
Mls Provider:
Mls ID: #22518898
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.
