6 Gates AveEast BrunswickNJ08816
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
Rental property for sale in East Brunswick at 6 Gates Ave, East Brunswick, NJ, 08816 offers $3,974/mo rent that, after a $2,653/mo payment, leaves $111/mo cash flow. Total monthly income is $3,974/mo, and annual cash flow is $1,326/yr on $178,318 cash. Return on cash invested measures 20.8% in year one, and rental yield stands at 8.8% at a $542,000 entry. Equity gained on principal adds $3,497/yr while 5% annual appreciation compounds into $149,745 by year five. Five-year ROI records 108.85% and total cumulative return in cash reaches $194,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,974/mo property income versus a $2,653/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08816, East Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,968 (100%) |
| Owner Occupied HU | 13,823 (76.9%) |
| Renter Occupied HU | 3,231 (18.0%) |
| Vacant Housing Units | 914 ( 5.1%) |
| Median Home Value | $587,948 |
| Average Home Value | $602,446 |
Housing Distribution
Address Breakdown
Residential
17,622
Single Family
16,659
Multi-Family
963
Businesses
1,743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRUCE PARKER • BEST REALTY
Mls Name: All Jersey MLS
Mls ID: #2608214R