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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Old Bridge at 37 McCormick Ave N, Old Bridge, NJ, 08857 priced at $687,500 pairs $4,446/mo rent with after a $3,365/mo payment. Total monthly income equals $4,446/mo. Return on cash invested is 17.65% in year one, and rental yield stands at 7.76% on a $687,500 basis. Equity gained on principal adds $4,436/yr, and 5% annual appreciation accumulates to $189,944 by year five. Five-year ROI measures 91.94% and total cumulative return in cash reaches $207,951. For financing, Ziffy Mortgage’s DSCR program evaluates $4,446/mo property income against a $3,365/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2017
2,544 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08857, Old Bridge, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,707 (100%) |
| Owner Occupied HU | 10,623 (63.6%) |
| Renter Occupied HU | 5,316 (31.8%) |
| Vacant Housing Units | 768 ( 4.6%) |
| Median Home Value | $525,448 |
| Average Home Value | $561,906 |
Residential
16,034
Single Family
14,855
Multi-Family
1,179
Businesses
937
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $687,500 |
| 2017-09-11 | Sold | $400,765 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $10020.78 | 2.34% | $189,000 | N/A |
| 2022-10-16 | $9792.09 | 1.69% | $189,000 | N/A |
| 2021-10-16 | $9629.55 | -0.82% | $189,000 | N/A |
Listed by: Jon Kessler • KUKER & KESSLER REAL ESTATE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2504886R
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