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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Monroe Township at 48 Juniper Plz #48C, Monroe Township, NJ, 08831 offers a 9.67% rental yield on a $319,900 purchase with $2,578/mo rent. Total monthly income registers $2,578/mo, and a $1,566/mo payment leaves $298/mo available for distribution. Annual cash flow reaches $3,571/yr on $106,047 to close, and return on cash invested stands at 23.28% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 122.14% and total cumulative return in cash at $129,524. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,578/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
2,063 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,207 (100%) |
| Owner Occupied HU | 21,489 (85.3%) |
| Renter Occupied HU | 2,452 ( 9.7%) |
| Vacant Housing Units | 1,266 ( 5.0%) |
| Median Home Value | $593,087 |
| Average Home Value | $608,854 |
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
Date | Event | Price |
|---|---|---|
| 2024-12-18 | Listed for sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Karen Scarpa • RE/MAX FIRST REALTY, INC.
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2560777M
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