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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Highlands at 1 Scenic Drive UNIT 303, Highlands, NJ, 07732 listed at $429,900 pairs $2,511/mo rent with a $2,104/mo payment. Total monthly income runs $2,511/mo. Return on cash invested measures 9.75% in year one, and rental yield registers 7.01% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 51.6% and total cumulative return in cash totals $73,531. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,511/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$653 monthly HOA
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listed for sale | $429,900 |
| 1992-06-29 | Sold | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-02 | $7329.96 | 0.24% | $370,200 | -1.80% |
| 2023-07-02 | $7312.62 | 3.90% | $377,000 | N/A |
| 2022-07-02 | $7037.91 | 34.33% | N/A | N/A |
Listed by: Michael Suhocki • C21/ Schlossbach Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22519435
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
