61 Flagler StEast BrunswickNJ08816
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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
Investment property for sale in East Brunswick at 61 Flagler St, East Brunswick, NJ, 08816 uses $223,720 cash to close to unlock $1,456/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $4,968/mo, and a $3,328/mo payment keeps the spread at $121/mo. Purchase price stands at $680,000, and rental yield measures 8.77% with $4,968/mo rent. Return on cash invested shows 20.71% in year one, and 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 108.36% and total cumulative return in cash records $242,424. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,968/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.48 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
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Listed by: JANE MUELLER • RE/MAX FIRST REALTY, INC.
Mls Name: All Jersey MLS
Mls ID: #2601783R