311 Ashland RdMiddlesexNJ08846
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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
Investment property for sale in Middlesex at 311 Ashland Rd, Middlesex, NJ, 08846 offers a 9.94% rental yield on a $488,888 purchase with $4,048/mo rent. Total monthly income registers $4,048/mo, and a $2,393/mo payment leaves $563/mo available for distribution. Annual cash flow reaches $6,758/yr on $162,066 to close, and return on cash invested stands at 24.08% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,071 over five years. Portfolio math shows five-year ROI at 126.45% and total cumulative return in cash at $204,935. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,048/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08846, Middlesex, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,620 (100%) |
| Owner Occupied HU | 3,793 (67.5%) |
| Renter Occupied HU | 1,660 (29.5%) |
| Vacant Housing Units | 167 ( 3.0%) |
| Median Home Value | $455,549 |
| Average Home Value | $512,040 |
Housing Distribution
Address Breakdown
Residential
5,466
Single Family
5,024
Multi-Family
442
Businesses
699
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Listed by: EDWARD P. NUGENT • RED DOOR REAL ESTATE
Mls Name: All Jersey MLS
Mls ID: #2660637M