3106 Commons DrEast BrunswickNJ08816
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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
Total monthly income runs $3,098/mo, and a $2,447/mo payment. Purchase price stands at $499,999, and rental yield measures 7.44% with $3,098/mo rent. Return on cash invested shows 16.54% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 86.01% and total cumulative return in cash records $142,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,098/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Condo
Built in 1989
217.80 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08816, East Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,968 (100%) |
| Owner Occupied HU | 13,823 (76.9%) |
| Renter Occupied HU | 3,231 (18.0%) |
| Vacant Housing Units | 914 ( 5.1%) |
| Median Home Value | $587,948 |
| Average Home Value | $602,446 |
Housing Distribution
Address Breakdown
Residential
17,622
Single Family
16,659
Multi-Family
963
Businesses
1,743
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Listed by: LEELEE LIM • BETTER HOMES&GARDENS RE MATURO
Mls Name: All Jersey MLS
Mls ID: #2606428R