500 2nd StDunellenNJ08812
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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 Dunellen at 500 2nd St, Dunellen, NJ, 08812 uses $149,142 cash to close to unlock $9,627/yr annual cash flow and $802/mo monthly cash flow. Total monthly income runs $4,009/mo, and a $2,202/mo payment keeps the spread at $802/mo. Purchase price stands at $449,900, and rental yield measures 10.69% with $4,009/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 138.7% and total cumulative return in cash records $206,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,009/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08812, Dunellen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,925 (70.7%) |
| Renter Occupied HU | 1,444 (26.0%) |
| Vacant Housing Units | 185 ( 3.3%) |
| Median Home Value | $585,736 |
| Average Home Value | $621,426 |
Housing Distribution
Address Breakdown
Residential
5,053
Single Family
5,037
Multi-Family
16
Businesses
616
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Listed by: GERALD S. WILLIAMSON • WILLIAMSON REALTY, INC.
Mls Name: All Jersey MLS
Mls ID: #2609934R