8 Benjamin Franklin Drive #8EMonroe TownshipNJ08831
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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 Monroe Township at 8 Benjamin Franklin Drive #8E, Monroe Township, NJ, 08831 with 5% annual appreciation on a $339,777 basis while $3,000/mo rent supports operations. Total monthly income totals $3,000/mo and a $1,663/mo payment preserves $90/mo for cash returns. Annual cash flow comes to $1,082/yr on $112,636 deployed, and return on cash invested reaches 20.87% in year one. Equity gained on principal adds $2,193/yr, and five-year appreciation sums $93,874 alongside rental yield of 10.6%. Five-year ROI measures 111.15% and total cumulative return in cash totals $125,192.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $1,663/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
435.60 sqft lot
$N/A/sqft
$488 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
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Listed by: Leah Becker • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22524214
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.