26 Cannon Rd, Old Bridge, NJ, 08857 | 6.74% Rental Yield

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26 Cannon Rd, Old Bridge, NJ, 08857 | 6.74% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Old Bridge at 26 Cannon Rd, Old Bridge, NJ, 08857 with 5% annual appreciation on a $989,900 basis while $5,563/mo rent supports operations. 56% in year one. Equity gained on principal adds $6,388/yr, and five-year appreciation sums $273,491 alongside rental yield of 6.74%. Five-year ROI measures 75.37% and total cumulative return in cash totals $245,473. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,563/mo property income versus a $4,845/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2004

0.47 Acres lot

$N/A/sqft

No HOA

More details about the property

Gorgeous Northeast-Facing Colonial Situated On A Premium, Private Lot In The Highly Desirable Woodhaven Community Of Old Bridge, NJ. This Exceptional Home Features A Gunite Saltwater Heated Pool And A Beautifully Finished Basement Perfect For Relaxing And Entertaining!This stunning home is loaded with high-end features and thoughtful upgrades throughout. Enjoy peace of mind with a newer HVAC system, including one air conditioner and furnace less than a year old and a second AC unit just six years old. The bathrooms are designed for luxury, featuring heated floors and oversized showers with multiple spa heads. Each bedroom is equipped with custom California closets, and the cozy gas fireplace adds warmth and style to the main living space. The chef's kitchen boasts premium Viking appliances, a large island with seating, and plenty of storage. The fully finished basement offers an entertainer's dream setup with a bar, pool table, gym area, full bathroom, California closets, sump pump with battery backup, and drywall ceilings. The finished garage is equally impressive, featuring a 240V electric car outlet, built-in cabinets, finished flooring, ceiling-mounted storage, and a refrigerator. Outside, the private wooded backyard is perfect for hosting, complete with a gas-connected grill, refrigerator, storage area, and fenced patio. The Gunite saltwater pool includes a hot tub, waterfall, safety fence, new pump motor, and a five-year-old heater. Additional highlights include a sprinkler system, professional landscaping, and an oversized drivewayall with no HOA fees.

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