203 Rossmoor Drive UNIT 203AMonroe TownshipNJ08831
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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
Investment property for sale in Monroe Township at 203 Rossmoor Drive UNIT 203A, Monroe Township, NJ, 08831 earns $220/mo cash flow from $3,008/mo rent with a $1,542/mo payment. Total monthly income totals $3,008/mo, and annual cash flow totals $2,634/yr on $104,423 capital. ROI tracks 22.43% on current figures, and rental yield reads 11.46% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 119.88% and total cumulative return in cash sums $125,177. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,008/mo property income instead of your personal income.
Multi Family
Built in 1972
1,742 sqft lot
$N/A/sqft
$543 monthly 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
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Listed by: Vanessa Bowden • Keller Williams Realty West Monmouth
Mls Name: MOMLS
Mls Provider:
Mls ID: #22420832
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.