1 Carriage City Plz #1212, Rahway, NJ, 07065 | $24/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1 Carriage City Plz #1212, Rahway, NJ, 07065 | $24/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rahway at 1 Carriage City Plz #1212, Rahway, NJ, 07065 listed at $378,000 pairs $2,718/mo rent with a $1,850/mo payment to leave $24/mo cash flow. Total monthly income runs $2,718/mo, and annual cash flow reaches $286/yr on $125,307 cash to close. Return on cash invested measures 20.14% in year one, and rental yield registers 8.63% at a $378,000 basis. Equity gained on principal adds $2,439/yr, and annual property appreciation at 5% supports $104,434 by year five. Five-year ROI tracks 105.29% and total cumulative return in cash totals $131,937. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,718/mo property income relative to a $1,850/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2008

N/A lot

$N/A/sqft

No HOA

More details about the property

Rarely available 1-bedroom residence in the sought-after Skyview Condos. Perched on the 12th floor, this home is bathed in incredible west-facing sunlight with open treetop views that create a warm and inviting atmosphere.Inside, the condo has been thoughtfully updated and is impeccably maintained. The spacious layout features a large bathroom, in-unit washer/dryer, and modern finishes throughout. Move-in ready and designed for convenience, this residence offers both comfort and style in the heart of downtown Rahway.Skyview Condos provides residents with full-service living, including doorman, fitness center, rooftop terrace with grills, bike storage, package room, and a newly redesigned lobby. On-site garage parking is available for $120/month per car, and the Watt Hotel's lobby lounge and bar are directly connected to the building for added convenience.Perfect for commuters, Skyview sits directly across from the NJ Transit Rahway Station, offering express service into New York City and Newark. For those traveling by car, all major highways including the Garden State Parkway, NJ Turnpike, Routes 1, 9, and 27 are just minutes away, making this an unbeatable location for easy access across the region.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07065, Rahway, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,853 (100%)
Owner Occupied HU	6,378 (49.6%)
Renter Occupied HU	5,647 (43.9%)
Vacant Housing Units	828 ( 6.4%)
Median Home Value	$444,389
Average Home Value	$517,431