364 S Madison AveDunellenNJ08812
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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 Dunellen at 364 S Madison Ave, Dunellen, NJ, 08812 offers $3,577/mo rent that, after a $2,080/mo payment, leaves $548/mo cash flow. Total monthly income is $3,577/mo, and annual cash flow is $6,574/yr on $140,888 cash. Return on cash invested measures 24.58% in year one, and rental yield stands at 10.1% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 129.09% and total cumulative return in cash reaches $181,877. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,577/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
6,577 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: THOMAS OKEEFFE • RE/MAX FIRST REALTY, INC.
Mls Name: All Jersey MLS
Mls ID: #2609349R