7 Foxtail LaneMonmouth 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
Rental property for sale in Monmouth Junction at 7 Foxtail Lane, Monmouth Junction, NJ, 08852 priced at $345,000 pairs $2,820/mo rent with $361/mo cash flow after a $1,689/mo payment. Total monthly income equals $2,820/mo, and annual cash flow comes to $4,326/yr on $114,368 invested. Return on cash invested is 23.69% in year one, and rental yield stands at 9.81% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 124.38% and total cumulative return in cash reaches $142,252. For financing, Ziffy Mortgage’s DSCR program evaluates $2,820/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
N/A 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: Mercedes Saldana-bailey • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4005438