90 Winthrop RdMonroe TwpNJ08831
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Monroe Twp at 90 Winthrop Rd, Monroe Twp, NJ, 08831 offers $2,167/mo rent that, after a $1,517/mo payment. Total monthly income is $2,167/mo. Return on cash invested measures 19.42% in year one, and rental yield stands at 8.39% at a $309,900 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,620 by year five. Five-year ROI records 101.44% and total cumulative return in cash reaches $104,208. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,167/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1992
1,145 sqft lot
$N/A/sqft
No 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: JOHN "SCOTT" PETROZZINI • RE/MAX PREFERRED PROFESSIONALS
Mls Name: All Jersey MLS
Mls ID: #2660423M