6143 Cedar CourtMonmouth 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
Investment property for sale in Monmouth Junction at 6143 Cedar Court, Monmouth Junction, NJ, 08852 listed at $280,000 pairs $2,248/mo rent with a $1,370/mo payment to leave $253/mo cash flow. Total monthly income runs $2,248/mo, and annual cash flow reaches $3,032/yr on $92,820 cash to close. Return on cash invested measures 23.18% in year one, and rental yield registers 9.63% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 121.6% and total cumulative return in cash totals $112,869. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,248/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
435.60 sqft 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: Ralph M Harvey • List With Freedom.com
Mls Name: MoreMLS
Mls ID: #22534887