29 Ethan Allen Dr #BMonroe TownshipNJ08831
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Nearby investment properties with comparable prices
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 29 Ethan Allen Dr #B, Monroe Township, NJ, 08831 at $417,000 posts ROI 25.84% with $684/mo cash flow from $3,656/mo rent. Total monthly income equals $3,656/mo, and annual cash flow records $8,204/yr on $138,236 to close. Return on cash invested measures 25.84% and rental yield reads 10.52% at the current $417,000. Equity gained on principal adds $2,691/yr, and 5% annual appreciation supports $115,209 by year five. Five-year ROI prints 135.89% and total cumulative return in cash totals $187,849.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,656/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1983
6,054 sqft 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: ILENE F CASHMAN • ERA CENTRAL LEVINSON
Mls Name: All Jersey MLS
Mls ID: #2561921M