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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% |
Rental property for sale in Old Bridge at 6 Firethorn Rd, Old Bridge, NJ, 08857 priced at $915,000 converts $5,482/mo rent into after a $4,478/mo obligation. Total monthly income equals $5,482/mo. Return on cash invested prints 15.92% in year one, and rental yield reads 7.19% against a $915,000 entry. Equity gained on principal adds $5,904/yr, while 5% annual appreciation compiles into $252,798 by year five. Five-year ROI reaches 82.64% and total cumulative return in cash sums $248,777. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,482/mo property income covering a $4,478/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08857, Old Bridge, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,707 (100%) |
| Owner Occupied HU | 10,623 (63.6%) |
| Renter Occupied HU | 5,316 (31.8%) |
| Vacant Housing Units | 768 ( 4.6%) |
| Median Home Value | $525,448 |
| Average Home Value | $561,906 |
Residential
16,034
Single Family
14,855
Multi-Family
1,179
Businesses
937
Date | Event | Price |
|---|---|---|
| 1998-04-18 | Sold | $231,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $13039.74 | 4.30% | $235,800 | N/A |
| 2023-06-03 | $12502.12 | 2.34% | $235,800 | N/A |
| 2022-06-03 | $12216.80 | 1.69% | $235,800 | N/A |
Listed by: Tejasvi Sista • KELLER WILLIAMS ELITE REALTORS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2514540R
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