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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Monmouth Junction at 306 New Rd, Monmouth Junction, NJ, 08852 offers $3,456/mo rent that, after a $3,421/mo payment. Total monthly income is $3,456/mo. Return on cash invested measures 12.1% in year one, and rental yield stands at 5.93% at a $699,000 entry. Equity gained on principal adds $4,511/yr while 5% annual appreciation compounds into $193,121 by year five. Five-year ROI records 62.15% and total cumulative return in cash reaches $142,934. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,456/mo property income versus a $3,421/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08852, Monmouth Junction, NJ area.
| 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 |
Residential
6,935
Single Family
6,860
Multi-Family
75
Businesses
483
Date | Event | Price |
|---|---|---|
| 2024-11-25 | Listed for sale | $699,000 |
| 2024-09-27 | Listing removed | $699,000 |
| 2024-08-05 | Listed for sale | $699,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $9374.75 | 3.72% | $175,000 | N/A |
| 2023-01-28 | $9038.75 | 3.07% | $175,000 | N/A |
| 2022-01-28 | $8769.25 | 0.42% | $175,000 | N/A |
Listed by: Adeel Salam • FOUR POINT REALTY, LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2506746R
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