6 Monsey RdFlemingtonNJ08822
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
Investment property for sale in Flemington at 6 Monsey Rd, Flemington, NJ, 08822 offers a 9.28% rental yield on a $534,500 purchase with $4,134/mo rent. Total monthly income registers $4,134/mo, and a $2,616/mo payment leaves $324/mo available for distribution. Annual cash flow reaches $3,891/yr on $175,851 to close, and return on cash invested stands at 22.27% in year one. Equity gained on principal adds $3,449/yr while 5% annual appreciation supports $147,673 over five years. Portfolio math shows five-year ROI at 116.74% and total cumulative return in cash at $205,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,134/mo property income against a $2,616/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08822, Flemington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,108 (100%) |
| Owner Occupied HU | 9,836 (75.0%) |
| Renter Occupied HU | 2,786 (21.3%) |
| Vacant Housing Units | 486 ( 3.7%) |
| Median Home Value | $566,418 |
| Average Home Value | $589,666 |
Housing Distribution
Address Breakdown
Residential
12,747
Single Family
12,470
Multi-Family
277
Businesses
1,692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kirby Mcguire Kernan • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3988973