344 Middlesex AveMetuchenNJ08840
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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 Metuchen at 344 Middlesex Ave, Metuchen, NJ, 08840 at $1,749,999 posts ROI 9.04% with from $7,122/mo rent. Total monthly income equals $7,122/mo. Return on cash invested measures 9.04% and rental yield reads 4.88% at the current $1,749,999. Equity gained on principal adds $11,292/yr, and 5% annual appreciation supports $483,492 by year five. Five-year ROI prints 45.74% and total cumulative return in cash totals $259,341. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,122/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1929
1.34 Acres 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: LAZARA RICHARDSON • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls ID: #2609618R