659B Azalea Plz, Monroe Township, NJ, 08831 | 7.33% Rental Yield

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659B Azalea Plz, Monroe Township, NJ, 08831 | 7.33% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Monroe Township at 659B Azalea Plz, Monroe Township, NJ, 08831 generates $2,749/mo in rent, after a $2,202/mo payment. Total monthly income is $2,749/mo. Return on cash invested sits at 16.23% in year one, and rental yield is 7.33% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 84.35% and total cumulative return in cash sums $125,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,749/mo property income rather than buyer’s personal income.

Single Family

Built in 1993

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover this beautifully reimagined ranch-style home nestled in the highly desirable and sought-after Clearbrook adult community of Monroe. This gem has been totally and thoughtfully renovated from top to bottom, offering a fresh, modern feel while maintaining the warmth and comfort you expect from a true ranch home. Step inside to find a bright, open layout featuring brand-new appliances, stylish finishes, and impeccable craftsmanship throughout. With 2 spacious bedrooms and 2 full bathrooms, the home provides both comfort and convenience, whether you're downsizing or looking for a peaceful place to call home. A valuable feature is the attached 1-car garage, offering convenient parking and additional storage. Located in a gated, resort-style community known for its vibrant lifestyle, amenities, and prime location, this property truly stands out as a turn-key treasure. Experience effortless, luxury living in Clearbrookthis renovated jewel is ready to welcome you home. Owners are NJ Real Estate Brokers

Neighborhood Data

Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	25,207 (100%)
Owner Occupied HU	21,489 (85.3%)
Renter Occupied HU	2,452 ( 9.7%)
Vacant Housing Units	1,266 ( 5.0%)
Median Home Value	$593,087
Average Home Value	$608,854