The Myrtle Model - Build on Your Lot Plan, Build on Your Own Lot in MetuchenMetuchenNJ08840
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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
Total monthly income runs $4,740/mo, and annual cash flow reaches $1,325/yr on $213,686 cash to close. Return on cash invested measures 20.68% in year one, and rental yield registers 8.76% at a $649,500 basis. Equity gained on principal adds $4,191/yr, and annual property appreciation at 5% supports $179,445 by year five. Five-year ROI tracks 108.19% and total cumulative return in cash totals $231,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,740/mo property income relative to a $3,179/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08840, Metuchen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,872 (100%) |
| Owner Occupied HU | 4,976 (72.4%) |
| Renter Occupied HU | 1,673 (24.3%) |
| Vacant Housing Units | 223 ( 3.2%) |
| Median Home Value | $605,641 |
| Average Home Value | $649,833 |
Housing Distribution
Address Breakdown
Residential
6,869
Single Family
6,629
Multi-Family
240
Businesses
908
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Listed by: N/A • Fox and Foxx Development LLC
Mls Name: Fox and Foxx Development LLC
Mls ID: #N/A