Florence Plan, Monroe Parke : The TerracesMonroe TownshipNJ08831
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
Investment property for sale in Monroe Township at Florence Plan, Monroe Parke: The Terraces, Monroe Township, NJ, 08831 earns $271/mo cash flow from $3,814/mo rent with a $2,433/mo payment. Total monthly income totals $3,814/mo, and annual cash flow totals $3,253/yr on $164,752 capital. ROI tracks 21.88% on current figures, and rental yield reads 9.21% at a $496,990 purchase. Equity gained on principal adds $3,207/yr, and 5% annual appreciation supports $137,309 over five years. Five-year ROI reaches 114.69% and total cumulative return in cash sums $188,951. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,814/mo property income instead of your personal income.
Condo
Built in 2026
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A