323 Oak PkwyDunellenNJ08812
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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 Dunellen at 323 Oak Pkwy, Dunellen, NJ, 08812 offers a 9.5% rental yield on a $480,000 purchase with $3,802/mo rent. Total monthly income registers $3,802/mo, and a $2,349/mo payment leaves $381/mo available for distribution. Annual cash flow reaches $4,572/yr on $159,120 to close, and return on cash invested stands at 22.78% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 119.47% and total cumulative return in cash at $190,097. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,802/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single 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
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Listed by: CHRISTINA ROCHE • NEXTHOME PREMIER
Mls Name: All Jersey MLS
Mls ID: #2607097R