419 Dunellen AveDunellenNJ08812
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
Rental property for sale in Dunellen at 419 Dunellen Ave, Dunellen, NJ, 08812 priced at $439,000 converts $3,400/mo rent into $271/mo cash flow after a $2,149/mo obligation. Total monthly income equals $3,400/mo, and annual cash flow totals $3,247/yr on $145,529 invested. Return on cash invested prints 22.14% in year one, and rental yield reads 9.29% against a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation compiles into $121,288 by year five. Five-year ROI reaches 116.05% and total cumulative return in cash sums $168,884. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,400/mo property income covering a $2,149/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,501 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: KATHLEEN BENNETT • RE/MAX FIRST REALTY, INC.
Mls Name: All Jersey MLS
Mls ID: #2608815R