43 Mccormick Avenue NOld BridgeNJ08857
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
Investment property for sale in Old Bridge at 43 Mccormick Avenue N, Old Bridge, NJ, 08857 at $724,999 posts ROI 16.25% with from $4,771/mo rent. Total monthly income equals $4,771/mo. Return on cash invested measures 16.25% and rental yield reads 7.9% at the current $724,999. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 by year five. Five-year ROI prints 85.09% and total cumulative return in cash totals $202,960. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,771/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2017
2,613 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08857, Old Bridge, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,034
Single Family
14,855
Multi-Family
1,179
Businesses
937
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Donnelly • Weichert Realtors-Toms River
Mls Name: MOMLS
Mls Provider:
Mls ID: #22523447
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.