24 Gage RdEast BrunswickNJ08816
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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
Rental property for sale in East Brunswick at 24 Gage Rd, East Brunswick, NJ, 08816 priced at $735,900 pairs $4,417/mo rent with after a $3,602/mo payment. Total monthly income equals $4,417/mo. Return on cash invested is 15.95% in year one, and rental yield stands at 7.2% on a $735,900 basis. Equity gained on principal adds $4,749/yr, and 5% annual appreciation accumulates to $203,316 by year five. Five-year ROI measures 82.85% and total cumulative return in cash reaches $200,587. For financing, Ziffy Mortgage’s DSCR program evaluates $4,417/mo property income against a $3,602/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08816, East Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,968 (100%) |
| Owner Occupied HU | 13,823 (76.9%) |
| Renter Occupied HU | 3,231 (18.0%) |
| Vacant Housing Units | 914 ( 5.1%) |
| Median Home Value | $587,948 |
| Average Home Value | $602,446 |
Housing Distribution
Address Breakdown
Residential
17,622
Single Family
16,659
Multi-Family
963
Businesses
1,743
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Listed by: APRYL R. CUILLA • RE/MAX INNOVATION
Mls Name: All Jersey MLS
Mls ID: #2606867R