55 Elm LaneShrewsburyNJ07702
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
Investment Highlights
Investment property for sale in Shrewsbury at 55 Elm Lane, Shrewsbury, NJ, 07702 at $1,099,000 posts ROI 15.16% with from $6,288/mo rent. Total monthly income equals $6,288/mo. Return on cash invested measures 15.16% and rental yield reads 6.87% at the current $1,099,000. Equity gained on principal adds $7,092/yr, and 5% annual appreciation supports $303,633 by year five. Five-year ROI prints 78.55% and total cumulative return in cash totals $279,702. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,288/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07702, Shrewsbury, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,522 (100%) |
| Owner Occupied HU | 1,311 (86.1%) |
| Renter Occupied HU | 161 (10.6%) |
| Vacant Housing Units | 50 ( 3.3%) |
| Median Home Value | $831,014 |
| Average Home Value | $847,965 |
Housing Distribution
Address Breakdown
Residential
1,560
Single Family
1,438
Multi-Family
122
Businesses
603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mario Venancio • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MOMLS
Mls Provider:
Mls ID: #22432081
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.