3004 Jesse Way, Piscataway, NJ, 08854 | $341/mo Cash Flow

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3004 Jesse Way, Piscataway, NJ, 08854 | $341/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Piscataway at 3004 Jesse Way, Piscataway, NJ, 08854 earns $341/mo cash flow from $2,486/mo rent with a $1,473/mo payment. Total monthly income totals $2,486/mo, and annual cash flow totals $4,089/yr on $99,782 capital. ROI tracks 24.01% on current figures, and rental yield reads 9.91% at a $301,000 purchase. Equity gained on principal adds $1,942/yr, and 5% annual appreciation supports $83,161 over five years. Five-year ROI reaches 126.05% and total cumulative return in cash sums $125,774. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,486/mo property income instead of your personal income.

Condo

Built in 1992

N/A lot

$N/A/sqft

No HOA

More details about the property

Your dream come true. The location of this condo is conveniently located within 5 min to Edison Train Station, minutes away from Rutgers University, H Mart mega plaza is all you need for groceries, restaurants, bank and spa. This condo offers a spacious bedroom with huge closet space. Kitchen is updated with granite countertop. Formal dining room and a spacious and bright family room. Washer and dryer is in the unit as well. The Commons community includes great amenities, a playground and tennis courts, perfect for outdoor recreation. This is a fantastic opportunity to own a well-maintained, move-in-ready condo in a prime location!