77 Ethel StMetuchenNJ08840
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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 Metuchen at 77 Ethel St, Metuchen, NJ, 08840 with 5% annual appreciation on a $550,000 basis while $3,962/mo rent supports operations. Total monthly income totals $3,962/mo and a $2,692/mo payment preserves $42/mo for cash returns. Annual cash flow comes to $500/yr on $180,950 deployed, and return on cash invested reaches 20.34% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 8.64%. Five-year ROI measures 106.34% and total cumulative return in cash totals $192,430.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,962/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
5,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08840, Metuchen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,872 (100%) |
| Owner Occupied HU | 4,976 (72.4%) |
| Renter Occupied HU | 1,673 (24.3%) |
| Vacant Housing Units | 223 ( 3.2%) |
| Median Home Value | $605,641 |
| Average Home Value | $649,833 |
Housing Distribution
Address Breakdown
Residential
6,869
Single Family
6,629
Multi-Family
240
Businesses
908
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Listed by: ROBERT E. AXELSON • REAL
Mls Name: All Jersey MLS
Mls ID: #2608758R