212 Monroe AveBelle MeadNJ08502
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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
Total monthly income runs $5,208/mo, and a $7,317/mo payment. Purchase price stands at $1,495,000, and rental yield measures 4.18% with $5,208/mo rent. Return on cash invested shows 6.87% in year one, and 5% annual appreciation builds toward $413,041 over five years. Five-year ROI reaches 34.1% and total cumulative return in cash records $165,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,208/mo property income covering a $7,317/mo payment rather than investor’s personal income.
Single Family
Built in 1996
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08502, Belle Mead, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,931 (74.8%) |
| Renter Occupied HU | 894 (22.8%) |
| Vacant Housing Units | 92 ( 2.3%) |
| Median Home Value | $790,470 |
| Average Home Value | $809,893 |
Housing Distribution
Address Breakdown
Residential
4,021
Single Family
3,907
Multi-Family
114
Businesses
153
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Listed by: Heidi A. Hartmann • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4007602