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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 171 Concordia Cir #B, Monroe Township, NJ, 08831 priced at $285,000 pairs $2,735/mo rent with after a $1,395/mo payment. Total monthly income equals $2,735/mo. Return on cash invested is -544.32% in year one, and rental yield stands at 11.52% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,735/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
2,000 sqft lot
$N/A/sqft
$45,126 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $285,000 |
| 2016-10-18 | Sold | $129,900 |
| 2016-07-29 | Listed for sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-30 | $1648.13 | 3.71% | $62,100 | N/A |
| 2023-03-30 | $1589.14 | 1.67% | $62,100 | N/A |
| 2022-03-30 | $1563.06 | 0.48% | $62,100 | N/A |
Listed by: Gloria V. Siciliano • RE/MAX GATEWAY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2511063R
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