28 Renk Farm DrMonmouth 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 28 Renk Farm Dr, Monmouth Junction, NJ, 08852 priced at $1,224,100 converts $6,394/mo rent into after a $5,991/mo obligation. Total monthly income equals $6,394/mo. Return on cash invested prints 13.32% in year one, and rental yield reads 6.27% against a $1,224,100 entry. Equity gained on principal adds $7,899/yr, while 5% annual appreciation compiles into $338,196 by year five. Five-year ROI reaches 68.66% and total cumulative return in cash sums $272,322. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,394/mo property income covering a $5,991/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1.05 Acres 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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