3 Spaulding Dr #AMonroe 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
Rental property for sale in Monroe Township at 3 Spaulding Dr #A, Monroe Township, NJ, 08831 offers $3,667/mo rent that, after a $1,857/mo payment, leaves $962/mo cash flow. Total monthly income is $3,667/mo, and annual cash flow is $11,549/yr on $125,804 cash. Return on cash invested measures 29.09% in year one, and rental yield stands at 11.6% at a $379,500 entry. Equity gained on principal adds $2,449/yr while 5% annual appreciation compounds into $104,849 by year five. Five-year ROI records 153.31% and total cumulative return in cash reaches $192,876. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,667/mo property income versus a $1,857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1991
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: CLAUDIA RYAN • CORCORAN SAWYER SMITH
Mls Name: All Jersey MLS
Mls ID: #2609107R