232 N Branch River RdSomervilleNJ08876
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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 Somerville at 232 N Branch River Rd, Somerville, NJ, 08876 at $479,900 posts ROI 19.68% with from $3,898/mo rent. Total monthly income equals $3,898/mo. Return on cash invested measures 19.68% and rental yield reads 9.75% at the current $479,900. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 by year five. Five-year ROI prints 104.27% and total cumulative return in cash totals $165,885. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,898/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2020
N/A lot
$N/A/sqft
$507 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08876, Somerville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,183 (100%) |
| Owner Occupied HU | 6,170 (55.2%) |
| Renter Occupied HU | 4,259 (38.1%) |
| Vacant Housing Units | 754 ( 6.7%) |
| Median Home Value | $537,859 |
| Average Home Value | $581,425 |
Housing Distribution
Address Breakdown
Residential
10,180
Single Family
9,519
Multi-Family
661
Businesses
1,475
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Listed by: Benny Yento • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3988424
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