988 Elmer PlNorth BrunswickNJ08902
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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 North Brunswick at 988 Elmer Pl, North Brunswick, NJ, 08902 uses $154,114 cash to close to unlock $3,885/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $3,637/mo, and a $2,275/mo payment keeps the spread at $324/mo. Purchase price stands at $464,900, and rental yield measures 9.39% with $3,637/mo rent. Return on cash invested shows 22.43% in year one, and 5% annual appreciation builds toward $128,443 over five years. Five-year ROI reaches 117.59% and total cumulative return in cash records $181,216. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,637/mo property income covering a $2,275/mo payment rather than investor’s personal income.
Single Family
Built in 1934
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08902, North Brunswick, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,709
Single Family
13,975
Multi-Family
1,734
Businesses
1,261
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Listed by: PHILIP GREEN • CENTURY 21 GLORIA ZASTKO REALT
Mls Name: All Jersey MLS
Mls ID: #2606111R