620 Somerset StNew BrunswickNJ08901
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 New Brunswick at 620 Somerset St, New Brunswick, NJ, 08901 at $399,900 posts ROI 30.29% with $1,147/mo cash flow from $3,997/mo rent. Total monthly income equals $3,997/mo, and annual cash flow records $13,763/yr on $132,567 to close. Return on cash invested measures 30.29% and rental yield reads 11.99% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 159.75% and total cumulative return in cash totals $211,772.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,997/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1917
2,848 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08901, New Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,186 (100%) |
| Owner Occupied HU | 3,152 (17.3%) |
| Renter Occupied HU | 12,900 (70.9%) |
| Vacant Housing Units | 2,134 (11.7%) |
| Median Home Value | $390,987 |
| Average Home Value | $438,988 |
Housing Distribution
Address Breakdown
Residential
16,374
Single Family
11,765
Multi-Family
4,609
Businesses
1,520
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Listed by: DILIP HARISINGHANI • HYVEST REALTY LLC
Mls Name: All Jersey MLS
Mls ID: #2602223R