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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Monroe Township at 591 Troy Way #C, Monroe Township, NJ, 08831 earns $569/mo cash flow from $2,635/mo rent with a $1,419/mo payment. Total monthly income totals $2,635/mo, and annual cash flow totals $6,823/yr on $96,102 capital. ROI tracks 27.01% on current figures, and rental yield reads 10.91% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 142.16% and total cumulative return in cash sums $136,617. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,635/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,207 (100%) |
| Owner Occupied HU | 21,489 (85.3%) |
| Renter Occupied HU | 2,452 ( 9.7%) |
| Vacant Housing Units | 1,266 ( 5.0%) |
| Median Home Value | $593,087 |
| Average Home Value | $608,854 |
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Listed for sale | $289,900 |
| 2018-12-17 | Sold | $162,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1868.07 | 1.67% | $73,000 | N/A |
| 2022-10-16 | $1837.41 | 0.48% | $73,000 | N/A |
| 2021-10-16 | $1828.65 | N/A | $73,000 | N/A |
Listed by: Rochelle Fennell • EXP REALTY, LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2504267R
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