22A Gramercy GdnsMiddlesexNJ08846
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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 Middlesex at 22A Gramercy Gdns, Middlesex, NJ, 08846 offers a 8.07% rental yield on a $255,000 purchase with $1,715/mo rent. 45% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 96.28% and total cumulative return in cash at $81,392. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,715/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08846, Middlesex, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,620 (100%) |
| Owner Occupied HU | 3,793 (67.5%) |
| Renter Occupied HU | 1,660 (29.5%) |
| Vacant Housing Units | 167 ( 3.0%) |
| Median Home Value | $455,549 |
| Average Home Value | $512,040 |
Housing Distribution
Address Breakdown
Residential
5,466
Single Family
5,024
Multi-Family
442
Businesses
699
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Listed by: CHERYL COOK • EXP REALTY, LLC
Mls Name: All Jersey MLS
Mls ID: #2603757R