480 Witney CtNorth BrunswickNJ08902
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 480 Witney Ct, North Brunswick, NJ, 08902 in North Brunswick is listed at $359,000 and delivers $2,870/mo in rent and $312/mo in net monthly cash flow. The 9.59% yield and 1.78 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $99,185 over five years, and $3,306/yr in principal reduction supplements cash return. Total projected cumulative return: $157,654.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $312 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,870 |
| Total Monthly Debt Service | $2,416 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SHARON HARMON • KELLER WILLIAMS ELITE REALTORS
Mls Name: All Jersey MLS
Mls ID: #2611147R