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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Middlesex at 23 Highland Drive, Middlesex, NJ, 08846 offers $3,840/mo rent that, after a $3,475/mo payment. Total monthly income is $3,840/mo. Return on cash invested measures 13.79% in year one, and rental yield stands at 6.49% at a $710,000 entry. Equity gained on principal adds $4,582/yr while 5% annual appreciation compounds into $196,160 by year five. Five-year ROI records 71.24% and total cumulative return in cash reaches $166,403. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,840/mo property income versus a $3,475/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08846, Middlesex, NJ area.
| 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 |
Residential
5,466
Single Family
5,024
Multi-Family
442
Businesses
699
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Sold | $710,000 |
| 2025-05-24 | Pending sale | $675,000 |
| 2025-05-02 | Listed for sale | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patricia Polomene • Weichert Realtors-Old Bridge
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22512868
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
