








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 Old Bridge at 31 Mcgowan Court UNIT 3240, Old Bridge, NJ, 08857 generates $3,834/mo in rent, after a $3,768/mo payment. Total monthly income is $3,834/mo. Return on cash invested sits at 9.39% in year one, and rental yield is 5.98% on a $769,900 entry. Equity gained on principal adds $4,968/yr, while 5% annual appreciation builds toward $212,709 over five years. Five-year ROI reaches 48.69% and total cumulative return in cash sums $123,337. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,834/mo property income rather than buyer’s personal income.
Townhouse
Built in 2014
2,178 sqft lot
$N/A/sqft
$598 monthly HOA
Neighborhood data shown for ZIP Code: 08857, Old Bridge, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,707 (100%) |
| Owner Occupied HU | 10,623 (63.6%) |
| Renter Occupied HU | 5,316 (31.8%) |
| Vacant Housing Units | 768 ( 4.6%) |
| Median Home Value | $525,448 |
| Average Home Value | $561,906 |
Residential
16,034
Single Family
14,855
Multi-Family
1,179
Businesses
937
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $769,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jeffrey Kagan • KP Edgestone Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510378
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.