4 Melanie Ct, Raritan, NJ, 08869 | 7.71% Rental Yield

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4 Melanie Ct, Raritan, NJ, 08869 | 7.71% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Raritan at 4 Melanie Ct, Raritan, NJ, 08869 earns from $5,134/mo rent with a $3,911/mo payment. Total monthly income totals $5,134/mo. ROI tracks 17.5% on current figures, and rental yield reads 7.71% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 91.12% and total cumulative return in cash sums $239,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,134/mo property income instead of your personal income.

Single Family

Built in 1995

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming custom Colonial set on a quiet street in desirable Cardinal Woods in Raritan Boro, offering 4 spacious bedrooms and 2.1 baths, this home combines classic style with modern conveniences. The main level features a warm and inviting layout, perfect for both everyday living and entertaining. The kitchen and dining spaces flow seamlessly to the living area, creating the ideal setting for gatherings. Upstairs, you'll find generously sized bedrooms, including a comfortable primary suite designed as a peaceful retreat. The finished basement expands the living space with endless possibilities whether it's a media room, playroom, home gym, or office. Outdoors, the property shines with a flat yard and a beautiful deck, perfect for summer barbecues, morning coffee, or simply enjoying the tranquil surroundings. The quiet location provides a sense of privacy, while still being conveniently close to schools, shopping, parks, and commuter routes. This home is a rare opportunity to enjoy the best of suburban living in a home that truly has it all space, comfort, and charm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08869, Raritan, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,478 (100%)
Owner Occupied HU	1,586 (45.6%)
Renter Occupied HU	1,735 (49.9%)
Vacant Housing Units	157 ( 4.5%)
Median Home Value	$474,089
Average Home Value	$515,988