21 Pine StOld BridgeNJ08857
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 Old Bridge at 21 Pine St, Old Bridge, NJ, 08857 offers $5,047/mo rent that, after a $3,549/mo payment. Total monthly income is $5,047/mo. Return on cash invested measures 19.45% in year one, and rental yield stands at 8.35% at a $725,000 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,304 by year five. Five-year ROI records 101.59% and total cumulative return in cash reaches $242,321. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,047/mo property income versus a $3,549/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08857, Old Bridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,707 (100%) |
| Owner Occupied HU | 10,623 (63.6%) |
| Renter Occupied HU | 5,316 (31.8%) |
| Vacant Housing Units | 768 ( 4.6%) |
| Median Home Value | $525,448 |
| Average Home Value | $561,906 |
Housing Distribution
Address Breakdown
Residential
16,034
Single Family
14,855
Multi-Family
1,179
Businesses
937
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SUSAN MARCRIE • RE/MAX INNOVATION
Mls Name: All Jersey MLS
Mls ID: #2608738R