424 Tower BlvdPiscatawayNJ08854
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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 Piscataway at 424 Tower Blvd, Piscataway, NJ, 08854 priced at $416,900 converts $3,137/mo rent into $165/mo cash flow after a $2,041/mo obligation. Total monthly income equals $3,137/mo, and annual cash flow totals $1,979/yr on $138,202 invested. Return on cash invested prints 21.34% in year one, and rental yield reads 9.03% against a $416,900 entry. Equity gained on principal adds $2,690/yr, while 5% annual appreciation compiles into $115,182 by year five. Five-year ROI reaches 111.74% and total cumulative return in cash sums $154,434. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,137/mo property income covering a $2,041/mo payment, not borrower’s personal income.
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Deepak Bansal • KELLER WILLIAMS CORNERSTONE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2511000R
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