507 2nd AveNorth BrunswickNJ08902
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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 North Brunswick at 507 2nd Ave, North Brunswick, NJ, 08902 offers a 10.43% rental yield on a $565,000 purchase with $4,913/mo rent. Total monthly income registers $4,913/mo, and a $2,765/mo payment leaves $886/mo available for distribution. Annual cash flow reaches $10,634/yr on $185,885 to close, and return on cash invested stands at 25.78% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 135.56% and total cumulative return in cash at $251,979. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,913/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
7,200 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
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Listed by: ROBERT MILTON • KELLER WMS GREATER BRUNSWICK
Mls Name: All Jersey MLS
Mls ID: #2600868R