5 Lorain StNew BrunswickNJ08901
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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 New Brunswick at 5 Lorain St, New Brunswick, NJ, 08901 generates $4,001/mo in rent, after a $2,885/mo payment. Total monthly income is $4,001/mo. Return on cash invested sits at 18.82% in year one, and rental yield is 8.15% on a $589,350 entry. Equity gained on principal adds $3,803/yr, while 5% annual appreciation builds toward $162,827 over five years. Five-year ROI reaches 98.21% and total cumulative return in cash sums $190,432. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,001/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08901, New Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,186 (100%) |
| Owner Occupied HU | 3,152 (17.3%) |
| Renter Occupied HU | 12,900 (70.9%) |
| Vacant Housing Units | 2,134 (11.7%) |
| Median Home Value | $390,987 |
| Average Home Value | $438,988 |
Housing Distribution
Address Breakdown
Residential
16,374
Single Family
11,765
Multi-Family
4,609
Businesses
1,520
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Listed by: HUGO LOPEZ • REALTY ONE GROUP LIFESTYLE HOM
Mls Name: All Jersey MLS
Mls ID: #2606975R