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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in North Brunswick at 9 Wood Lake Ct, North Brunswick, NJ, 08902 offers $2,842/mo rent that, after a $5,869/mo payment. Total monthly income is $2,842/mo. Return on cash invested measures 2.75% in year one, and rental yield stands at 2.84% at a $1,199,000 entry. Equity gained on principal adds $7,737/yr while 5% annual appreciation compounds into $331,262 by year five. Five-year ROI records 11.98% and total cumulative return in cash reaches $46,545. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,842/mo property income versus a $5,869/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08902, North Brunswick, NJ area.
| 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 |
Residential
15,709
Single Family
13,975
Multi-Family
1,734
Businesses
1,261
Date | Event | Price |
|---|---|---|
| 2024-09-11 | Listed for sale | $1,199,000 |
| 2020-10-05 | Sold | $560,000 |
| 2004-02-17 | Sold | $489,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $16177.20 | 3.53% | $260,000 | N/A |
| 2022-10-16 | $15626.00 | 2.44% | $260,000 | N/A |
| 2021-10-16 | $15254.20 | 1.41% | $260,000 | N/A |
Listed by: Michelle Rizzo • RE/MAX WELCOME HOME
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2503525R
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