22 N Oak AveIselinNJ08830
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder22 N Oak Ave, Iselin, NJ, 08830 in Iselin is a stable, well-positioned rental at $669,000. Rental yield 7.06%. DSCR 1.31 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $184,832 in value and $6,162/yr in principal paydown builds equity, a total projected return of $202,966.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.2% |
| Monthly Cash Flow | $(830) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,938 |
| Total Monthly Debt Service | $4,502 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1961
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08830, Iselin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,122 (100%) |
| Owner Occupied HU | 4,099 (57.6%) |
| Renter Occupied HU | 2,758 (38.7%) |
| Vacant Housing Units | 265 ( 3.7%) |
| Median Home Value | $481,515 |
| Average Home Value | $522,167 |
Housing Distribution
Address Breakdown
Residential
6,999
Single Family
5,613
Multi-Family
1,386
Businesses
793
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
Single Family
Built in 1961
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08830, Iselin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,122 (100%) |
| Owner Occupied HU | 4,099 (57.6%) |
| Renter Occupied HU | 2,758 (38.7%) |
| Vacant Housing Units | 265 ( 3.7%) |
| Median Home Value | $481,515 |
| Average Home Value | $522,167 |
Housing Distribution
Address Breakdown
Residential
6,999
Single Family
5,613
Multi-Family
1,386
Businesses
793
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: All Jersey MLS
Mls ID: #2611247R