9 Lake Ave APT 6BEast BrunswickNJ08816
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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 East Brunswick at 9 Lake Ave APT 6B, East Brunswick, NJ, 08816 with 5% annual appreciation on a $265,000 basis while $2,507/mo rent supports operations. Total monthly income totals $2,507/mo and a $1,297/mo payment preserves $618/mo for cash returns. Annual cash flow comes to $7,418/yr on $87,848 deployed, and return on cash invested reaches 28.35% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 11.35%. Five-year ROI measures 149.42% and total cumulative return in cash totals $131,259.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,507/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08816, East Brunswick, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,968 (100%) |
| Owner Occupied HU | 13,823 (76.9%) |
| Renter Occupied HU | 3,231 (18.0%) |
| Vacant Housing Units | 914 ( 5.1%) |
| Median Home Value | $587,948 |
| Average Home Value | $602,446 |
Housing Distribution
Address Breakdown
Residential
17,622
Single Family
16,659
Multi-Family
963
Businesses
1,743
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Listed by: N/A • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls ID: #2610108R