314 3rd StDunellenNJ08812
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.34% gross rental yield, 314 3rd St, Dunellen, NJ, 08812 in Dunellen is priced for capital growth, not immediate cash flow. The $775,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $214,118 by year five, with $7,138/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.80) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $121,902.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.2% |
| Monthly Cash Flow | $(2,722) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,802 |
| Total Monthly Debt Service | $5,216 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1913
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08812, Dunellen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,925 (70.7%) |
| Renter Occupied HU | 1,444 (26.0%) |
| Vacant Housing Units | 185 ( 3.3%) |
| Median Home Value | $585,736 |
| Average Home Value | $621,426 |
Housing Distribution
Address Breakdown
Residential
5,053
Single Family
5,037
Multi-Family
16
Businesses
616
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
Multi Family
Built in 1913
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08812, Dunellen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,925 (70.7%) |
| Renter Occupied HU | 1,444 (26.0%) |
| Vacant Housing Units | 185 ( 3.3%) |
| Median Home Value | $585,736 |
| Average Home Value | $621,426 |
Housing Distribution
Address Breakdown
Residential
5,053
Single Family
5,037
Multi-Family
16
Businesses
616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RYAN KNAB • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2605071R