589 Hardingville RdMonroevilleNJ08343
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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 Monroeville at 589 Hardingville Rd, Monroeville, NJ, 08343 offers a 6.33% rental yield on a $550,000 purchase with $2,900/mo rent. 29% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 68.58% and total cumulative return in cash at $124,090. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,900/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08343, Monroeville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,829 (100%) |
| Owner Occupied HU | 1,528 (83.5%) |
| Renter Occupied HU | 191 (10.4%) |
| Vacant Housing Units | 110 ( 6.0%) |
| Median Home Value | $402,640 |
| Average Home Value | $432,155 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,636
Multi-Family
0
Businesses
57
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Listed by: Nancy Kowalik • Your Home Sold Guaranteed Nancy Kowalik Group
Mls Name: My State MLS
Mls ID: #11628585