17 George Ave, Middlesex, NJ, 08846 | 8.49% Rental Yield

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17 George Ave, Middlesex, NJ, 08846 | 8.49% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Middlesex at 17 George Ave, Middlesex, NJ, 08846 priced at $399,000 pairs $2,823/mo rent with after a $1,953/mo payment. Total monthly income equals $2,823/mo. Return on cash invested is 19.72% in year one, and rental yield stands at 8.49% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 103.04% and total cumulative return in cash reaches $136,286. For financing, Ziffy Mortgage’s DSCR program evaluates $2,823/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1960

7,501 sqft lot

$N/A/sqft

No HOA

More details about the property

Cute and cozy cape with a dormered back overlooking the duck pond! Enter into a foyer, Updated kitchen with stainless steel appliances, Bright sunny living room with built ins and dining room with hardwood floors, 2 bedrooms and a full bath complete the first level. You enter the 2nd level onto a landing with plenty of closet space and 2 bedrooms. Large paver patio in back, the yard extends behingd the neighbors home so there is plenty of space and privacy. One car detached garage with opener. This home has a shared drivewy but there is plenty of room for off street parking. Some newer thermopane windows, some older. roof 2019. Don't miss the opportunity to make this home your own. The seller is looking for a mid Septmeber closing. Driveway in as is condition,

Neighborhood Data

Neighborhood data shown for ZIP Code: 08846, Middlesex, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,620 (100%)
Owner Occupied HU	3,793 (67.5%)
Renter Occupied HU	1,660 (29.5%)
Vacant Housing Units	167 ( 3.0%)
Median Home Value	$455,549
Average Home Value	$512,040