2 London DrMonroe TownshipNJ08831
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Monroe Township at 2 London Dr, Monroe Township, NJ, 08831 with 5% annual appreciation on a $489,000 basis while $3,523/mo rent supports operations. Total monthly income totals $3,523/mo and a $2,393/mo payment preserves $38/mo for cash returns. Annual cash flow comes to $455/yr on $162,104 deployed, and return on cash invested reaches 20.19% in year one. Equity gained on principal adds $3,155/yr, and five-year appreciation sums $135,102 alongside rental yield of 8.65%. Five-year ROI measures 105.57% and total cumulative return in cash totals $171,130.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,523/mo property income versus a $2,393/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
5,858 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: STACY PRESTIGIACOMO • MACK MORRIS - IRIS LURIE, INC.
Mls Name: All Jersey MLS
Mls ID: #2607176R