239 Mayflower Way #AMonroe TownshipNJ08831
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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 Monroe Township at 239 Mayflower Way #A, Monroe Township, NJ, 08831 earns $583/mo cash flow from $2,935/mo rent with a $1,615/mo payment. Total monthly income totals $2,935/mo, and annual cash flow totals $6,996/yr on $109,395 capital. ROI tracks 26.3% on current figures, and rental yield reads 10.67% at a $329,999 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 138.36% and total cumulative return in cash sums $151,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,935/mo property income instead of your personal income.
Condo
Built in 1973
1,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,207 (100%) |
| Owner Occupied HU | 21,489 (85.3%) |
| Renter Occupied HU | 2,452 ( 9.7%) |
| Vacant Housing Units | 1,266 ( 5.0%) |
| Median Home Value | $593,087 |
| Average Home Value | $608,854 |
Housing Distribution
Address Breakdown
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
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Listed by: DOROTHY REDDING • ERA CENTRAL LEVINSON
Mls Name: All Jersey MLS
Mls ID: #2561800M