746 Spruce RdNorth BrunswickNJ08902
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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 North Brunswick at 746 Spruce Rd, North Brunswick, NJ, 08902 priced at $424,900 pairs $3,600/mo rent with $571/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,600/mo, and annual cash flow comes to $6,853/yr on $140,854 invested. Return on cash invested is 24.77% in year one, and rental yield stands at 10.17% on a $424,900 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,392 by year five. Five-year ROI measures 130.18% and total cumulative return in cash reaches $183,369. For financing, Ziffy Mortgage’s DSCR program evaluates $3,600/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1944
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08902, North Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,949 (100%) |
| Owner Occupied HU | 8,945 (56.1%) |
| Renter Occupied HU | 6,470 (40.6%) |
| Vacant Housing Units | 534 ( 3.3%) |
| Median Home Value | $492,190 |
| Average Home Value | $530,436 |
Housing Distribution
Address Breakdown
Residential
15,709
Single Family
13,975
Multi-Family
1,734
Businesses
1,261
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Listed by: Charanjeet Kaur • Keller Williams Elite Realtors
Mls Name: GSMLS
Mls ID: #4004193