2327 Falston CirOld BridgeNJ08857
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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 $3,142/mo, and a $2,638/mo payment. Purchase price stands at $539,000, and rental yield measures 7% with $3,142/mo rent. Return on cash invested shows 15.32% in year one, and 5% annual appreciation builds toward $148,916 over five years. Five-year ROI reaches 79.49% and total cumulative return in cash records $140,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,142/mo property income covering a $2,638/mo payment rather than investor’s personal income.
Condo
Built in 2006
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08857, Old Bridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,707 (100%) |
| Owner Occupied HU | 10,623 (63.6%) |
| Renter Occupied HU | 5,316 (31.8%) |
| Vacant Housing Units | 768 ( 4.6%) |
| Median Home Value | $525,448 |
| Average Home Value | $561,906 |
Housing Distribution
Address Breakdown
Residential
16,034
Single Family
14,855
Multi-Family
1,179
Businesses
937
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Listed by: THERESA PASSANESI • SAFARI REALTY
Mls Name: All Jersey MLS
Mls ID: #2609330R