464 Northam DrNorth BrunswickNJ08902
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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 North Brunswick at 464 Northam Dr, North Brunswick, NJ, 08902 priced at $399,000 pairs $2,754/mo rent with after a $1,953/mo payment. Total monthly income equals $2,754/mo. Return on cash invested is 19.09% in year one, and rental yield stands at 8.28% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 99.67% and total cumulative return in cash reaches $131,834. For financing, Ziffy Mortgage’s DSCR program evaluates $2,754/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1989
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08902, North Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,949 (100%) |
| Owner Occupied HU | 8,945 (56.1%) |
| Renter Occupied HU | 6,470 (40.6%) |
| Vacant Housing Units | 534 ( 3.3%) |
| Median Home Value | $492,190 |
| Average Home Value | $530,436 |
Housing Distribution
Address Breakdown
Residential
15,709
Single Family
13,975
Multi-Family
1,734
Businesses
1,261
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Listed by: SHARON HARMON • KELLER WILLIAMS ELITE REALTORS
Mls Name: All Jersey MLS
Mls ID: #2602646R