5 Elaine CtOld BridgeNJ08857
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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 Old Bridge at 5 Elaine Ct, Old Bridge, NJ, 08857 listed at $778,500 pairs $5,602/mo rent with a $3,810/mo payment to leave $53/mo cash flow. Total monthly income runs $5,602/mo, and annual cash flow reaches $640/yr on $256,127 cash to close. Return on cash invested measures 20.31% in year one, and rental yield registers 8.64% at a $778,500 basis. Equity gained on principal adds $5,024/yr, and annual property appreciation at 5% supports $215,085 by year five. Five-year ROI tracks 106.2% and total cumulative return in cash totals $272,017. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,602/mo property income relative to a $3,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
8,175 sqft lot
$N/A/sqft
No 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
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Listed by: BEATA PRUSZKOWSKI • RE/MAX CENTRAL
Mls Name: All Jersey MLS
Mls ID: #2660647M