Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Monroe Township at 96 Salix Plz #96C, Monroe Township, NJ, 08831 offers a 11% rental yield on a $400,000 purchase with $3,667/mo rent. Total monthly income registers $3,667/mo, and a $1,958/mo payment leaves $816/mo available for distribution. Annual cash flow reaches $9,788/yr on $132,600 to close, and return on cash invested stands at 27.29% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 143.66% and total cumulative return in cash at $190,492. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,667/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
2,394 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08831, Monroe Township, NJ area.
| 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 |
Residential
25,711
Single Family
24,808
Multi-Family
903
Businesses
1,026
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marilyn C. Klein • ERA CENTRAL LEVINSON
Mls Name: All Jersey MLS
Mls ID: #2561910M
