3011 Cypress CtMonmouth JunctionNJ08852
Nearby investment properties with comparable rents
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
Rental property for sale in Monmouth Junction at 3011 Cypress Ct, Monmouth Junction, NJ, 08852 generates $2,780/mo in rent and, after a $1,738/mo payment, leaves $249/mo in cash flow. Total monthly income is $2,780/mo, and annual cash flow is $2,990/yr on $117,683 invested. Return on cash invested sits at 22.45% in year one, and rental yield is 9.4% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 117.72% and total cumulative return in cash sums $138,540. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,780/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SANDRA FIFE • REALTY OF AMERICA
Mls Name: All Jersey MLS
Mls ID: #2603514R