6 Condor CtMonmouth JunctionNJ08852
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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
Rental property for sale in Monmouth Junction at 6 Condor Ct, Monmouth Junction, NJ, 08852 priced at $1,849,900 converts $8,365/mo rent into after a $9,054/mo obligation. Total monthly income equals $8,365/mo. Return on cash invested prints 10.72% in year one, and rental yield reads 5.43% against a $1,849,900 entry. Equity gained on principal adds $11,937/yr, while 5% annual appreciation compiles into $511,093 by year five. Five-year ROI reaches 54.72% and total cumulative return in cash sums $327,978. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,365/mo property income covering a $9,054/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08852, Monmouth Junction, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,820 (100%) |
| Owner Occupied HU | 4,322 (63.4%) |
| Renter Occupied HU | 2,215 (32.5%) |
| Vacant Housing Units | 283 ( 4.1%) |
| Median Home Value | $666,326 |
| Average Home Value | $679,054 |
Housing Distribution
Address Breakdown
Residential
6,935
Single Family
6,860
Multi-Family
75
Businesses
483
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Listed by: Uma Sogani • RE/MAX of Princeton
Mls Name: Bright MLS
Mls ID: #NJMX2009232