2602 Schindler Dr NMonmouth JunctionNJ08852
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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 Monmouth Junction at 2602 Schindler Dr N, Monmouth Junction, NJ, 08852 generates $4,972/mo in rent, after a $3,426/mo payment. Total monthly income is $4,972/mo. Return on cash invested sits at 19.97% in year one, and rental yield is 8.52% on a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 104.38% and total cumulative return in cash sums $240,375. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,972/mo property income rather than buyer’s personal income.
Townhouse
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08852, Monmouth Junction, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,820 (100%) |
| Owner Occupied HU | 4,322 (63.4%) |
| Renter Occupied HU | 2,215 (32.5%) |
| Vacant Housing Units | 283 ( 4.1%) |
| Median Home Value | $666,326 |
| Average Home Value | $679,054 |
Housing Distribution
Address Breakdown
Residential
6,935
Single Family
6,860
Multi-Family
75
Businesses
483
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Listed by: ALAN KURLANDER • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2609955R