19 Gramercy GdnsMiddlesexNJ08846
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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 Middlesex at 19 Gramercy Gdns, Middlesex, NJ, 08846 priced at $239,900 pairs $1,679/mo rent with after a $1,174/mo payment. Total monthly income equals $1,679/mo. Return on cash invested is 19.44% in year one, and rental yield stands at 8.4% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 101.65% and total cumulative return in cash reaches $80,839. For financing, Ziffy Mortgage’s DSCR program evaluates $1,679/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1960
900 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,466
Single Family
5,024
Multi-Family
442
Businesses
699
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Listed by: PING YANG • REDSTONE REALTY LLC
Mls Name: All Jersey MLS
Mls ID: #2604377R