907 Reed Ct, Flemington, NJ, 08822 | $218/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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907 Reed Ct, Flemington, NJ, 08822 | $218/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Flemington at 907 Reed Ct, Flemington, NJ, 08822 listed at $324,900 pairs $2,534/mo rent with a $1,590/mo payment to leave $218/mo cash flow. Total monthly income runs $2,534/mo, and annual cash flow reaches $2,621/yr on $107,704 cash to close. Return on cash invested measures 22.34% in year one, and rental yield registers 9.36% at a $324,900 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,764 by year five. Five-year ROI tracks 117.14% and total cumulative return in cash totals $126,161. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,534/mo property income relative to a $1,590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover comfort and convenience in Stonegate, where condo living is elevated. This delightful 1-bedroom condo offers an inviting retreat with a host of amenities right at your fingertips. Step inside to discover a seamless layout designed for modern living. The main floor boasts a cozy living room, a full dining room perfect for hosting intimate gatherings, and a well-appointed kitchen featuring plenty of cabinet space, sleek stainless appliances, and a stylish backsplash. But the real gem lies downstairs, where a finished basement awaits, offering a versatile space for relaxation and entertainment. Whether you're unwinding in the family room, setting up a home office in the den, or accommodating guests with the convenience of a full bathroom, this lower level provides endless possibilities to suit your lifestyle needs. Step outside to your own private oasis, where a gorgeous backyard and back deck beckon you to soak up the sunshine or savor al fresco dining, and when it's time to cool off, take a refreshing dip in the community pool or challenge friends to a game of tennis on the courts. Additional highlights include in-unit laundry, ceiling fans, access to a community playground, garbage service included in the HOA, and easy access to nearby shopping centers, parks, businesses, and food establishments! Don't miss out on this fantastic opportunity to experience the pinnacle of comfort, convenience, and community in the heart of Stonegate!

Neighborhood Data

Neighborhood data shown for ZIP Code: 08822, Flemington, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,108 (100%)
Owner Occupied HU	9,836 (75.0%)
Renter Occupied HU	2,786 (21.3%)
Vacant Housing Units	486 ( 3.7%)
Median Home Value	$566,418
Average Home Value	$589,666