33 Menlo AvenueMetuchenNJ08840
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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
Rental property for sale in Metuchen at 33 Menlo Avenue, Metuchen, NJ, 08840 priced at $499,999 converts $3,212/mo rent into after a $2,447/mo obligation. Total monthly income equals $3,212/mo. Return on cash invested prints 17.36% in year one, and rental yield reads 7.71% against a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 90.43% and total cumulative return in cash sums $149,887. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,212/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1948
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08840, Metuchen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,872 (100%) |
| Owner Occupied HU | 4,976 (72.4%) |
| Renter Occupied HU | 1,673 (24.3%) |
| Vacant Housing Units | 223 ( 3.2%) |
| Median Home Value | $605,641 |
| Average Home Value | $649,833 |
Housing Distribution
Address Breakdown
Residential
6,869
Single Family
6,629
Multi-Family
240
Businesses
908
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Listed by: Brian Allen • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MoreMLS
Mls ID: #22601579