353 Crosspointe DrEast BrunswickNJ08816
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
Investment Highlights
Investment property for sale in East Brunswick at 353 Crosspointe Dr, East Brunswick, NJ, 08816 at $335,000 posts ROI 22.61% with $250/mo cash flow from $2,638/mo rent. Total monthly income equals $2,638/mo, and annual cash flow records $2,998/yr on $111,053 to close. Return on cash invested measures 22.61% and rental yield reads 9.45% at the current $335,000. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 by year five. Five-year ROI prints 118.55% and total cumulative return in cash totals $131,648.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,638/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1987
1,176 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: SONIA W. BAFNA MCDOUGAL • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2606185R