48 Clay StNorth 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
Investment property for sale in North Brunswick at 48 Clay St, North Brunswick, NJ, 08902 uses $109,064 cash to close to unlock $6,999/yr annual cash flow and $583/mo monthly cash flow. Total monthly income runs $2,928/mo, and a $1,610/mo payment keeps the spread at $583/mo. Purchase price stands at $329,000, and rental yield measures 10.68% with $2,928/mo rent. Return on cash invested shows 26.33% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 138.51% and total cumulative return in cash records $151,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,928/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Condo
Built in 1989
8,764 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: Evangelos Bardossas • KELLER WILLIAMS CITY VIEWS RLT
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2561873M
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