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25
Value up to $603K; 7 comps confirm
Updated 10 days ago • 1 new comp
Your Investment Paths
Turnkey Rental
The rental market for this property is quite promising, with projected monthly income ranging between $3,063 and $4,070. These figures reflect a solid demand for similar condos and townhomes in the area’s active rental market. Investors can expect an attractive rental yield of approximately 6.69%, supported by steady appreciation trends. With a median potential income of $4,064, this property represents a strong opportunity to generate consistent, reliable cash flow.
More about this home
Neighborhood Assessment
Martinsville is one of those rare spots in NJ where you get lush greenery, great schools, and strong community vibes. The Loft Dr condo is set in a well-maintained development with amenities like a pool and clubhouse, and it's close to highly rated schools (Crim Elementary scores a 9), making this a standout choice for families and young professionals. Homes here tend to be spacious, and the area feels walkable, friendly, and safe. Plus, you're near shopping centers and dining, with easy access to Somerset County’s parks and commuter routes.
Market Activity
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Rental Income
$43K
Yield
6.7%
Appreciation
$22K
Year 1 Estimates
Fix-and-Flip
Modernizing your condo creates a fresh, inviting space that resonates with buyers. While the price per square foot remains consistent at roughly $328 compared to $327, these updates elevate your home’s appeal and overall comfort. Refreshing your finishes helps your property stand out in a competitive market. With a strong rent potential reaching $3,561 and a solid resale outlook, investing in high-quality updates creates a lifestyle-ready home that buyers truly value.
Comps
38
Buy-Rehab-Rent
This property offers solid BRR potential with a post-renovation value estimated between $572,000 and $632,000. Renovations are key to maximizing this valuation, as the market currently shows stable price trends for properties of this size and type. Projected rental income hits approximately $3,275 monthly, delivering a 6.5% yield. These numbers suggest a reliable income stream, making the asset an attractive candidate for investors focused on steady cash flow and long-term equity growth.
Rental Income
$39K
Yield
6.5%
Appreciation
$20K
Year 1 Estimates, Post Typical Renovation
Estimated value
$640K
$37.1K over comp median
Comparative Market Analysis
$450K – $690K
~68 days to sell
Based on 7 comps
110 Loft Dr, Martinsville Investment Report: Flip & Rental Analysis · Frontflip