205 Newport Rd #AMonroe 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
Rental property for sale in Monroe Township at 205 Newport Rd #A, Monroe Township, NJ, 08831 offers $1,830/mo rent that, after a $1,654/mo payment. Total monthly income is $1,830/mo. Return on cash invested measures 13.71% in year one, and rental yield stands at 6.5% at a $337,900 entry. Equity gained on principal adds $2,180/yr while 5% annual appreciation compounds into $93,356 by year five. Five-year ROI records 70.85% and total cumulative return in cash reaches $79,363. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,830/mo property income versus a $1,654/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
N/A 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: KAREN TORAN • KELLER WILLIAMS WEST MONMOUTH
Mls Name: All Jersey MLS
Mls ID: #2608119R