20 Alfred Ave, Somerset, NJ, 08873 | $142/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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20 Alfred Ave, Somerset, NJ, 08873 | $142/mo Cash Flow | 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

Investment property for sale in Somerset at 20 Alfred Ave, Somerset, NJ, 08873 uses $157,463 cash to close to unlock $1,706/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $3,528/mo, and a $2,325/mo payment keeps the spread at $142/mo. Purchase price stands at $475,000, and rental yield measures 8.91% with $3,528/mo rent. Return on cash invested shows 20.99% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 109.9% and total cumulative return in cash records $173,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,528/mo property income covering a $2,325/mo payment rather than investor’s personal income.

Condo

Built in 2015

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this move-in ready townhome in the heart of Franklin Township?s highly sought-after gated community. Built in 2013, this 2-bedroom, 2.5-bath home offers bright, open living spaces and contemporary finishes throughout. The first floor features a versatile room perfect for a home office or den, direct access to the attached garage, ample storage, and a private patio ideal for relaxing outdoors. Upstairs, the main living area impresses with an open floor plan. Cook and entertain in the granite kitchen with breakfast bar and solid maple cabinets, enjoy meals in the dining area with a sunlit balcony, or unwind in the living room where hardwood floors greet the morning sun. A convenient half bath completes this level. The top floor retreat offers two generously sized bedrooms, including a primary suite with private bath, and laundry. Commuters will appreciate easy access to NJ Transit, Route 1, and major highways, keeping New Brunswick and beyond within reach?plus a low monthly HOA fee of just $180 for added value.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08873, Somerset, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,399 (100%)
Owner Occupied HU	14,076 (62.8%)
Renter Occupied HU	7,273 (32.5%)
Vacant Housing Units	1,050 ( 4.7%)
Median Home Value	$507,032
Average Home Value	$561,292