277 Crosse Dr APT 2GMonroe 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 277 Crosse Dr APT 2G, Monroe Township, NJ, 08831 listed at $145,000 pairs $1,095/mo rent with a $710/mo payment to leave $61/mo cash flow. Total monthly income runs $1,095/mo, and annual cash flow reaches $734/yr on $48,068 cash to close. Return on cash invested measures 21.44% in year one, and rental yield registers 9.06% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 112.36% and total cumulative return in cash totals $54,008. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,095/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A 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: DONNA M. GROOMES • KELLER WMS GREATER BRUNSWICK
Mls Name: All Jersey MLS
Mls ID: #2605594R