344 Danbury Lane #344East 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
Rental property for sale in East Brunswick at 344 Danbury Lane #344, East Brunswick, NJ, 08816 generates $2,958/mo in rent and, after a $1,860/mo payment, leaves $249/mo in cash flow. Total monthly income is $2,958/mo, and annual cash flow is $2,992/yr on $125,968 invested. Return on cash invested sits at 22.28% in year one, and rental yield is 9.34% on a $379,995 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,986 over five years. Five-year ROI reaches 116.84% and total cumulative return in cash sums $147,179. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,958/mo property income rather than buyer’s personal income.
Condo
Built in 1985
4,356 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: Alice Matthews • Realty One Group Central
Mls Name: MoreMLS
Mls ID: #22520802