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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% |
Rental property for sale in Netcong at 100 Allen St, Netcong, NJ, 07857 generates $3,815/mo in rent and, after a $2,202/mo payment, leaves $608/mo in cash flow. Total monthly income is $3,815/mo, and annual cash flow is $7,299/yr on $149,142 invested. Return on cash invested sits at 24.8% in year one, and rental yield is 10.18% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 130.34% and total cumulative return in cash sums $194,398. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,815/mo property income rather than buyer’s personal income.
Multi Family
Built in 1910
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07857, Netcong, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,661 (100%) |
| Owner Occupied HU | 767 (46.2%) |
| Renter Occupied HU | 840 (50.6%) |
| Vacant Housing Units | 54 ( 3.3%) |
| Median Home Value | $363,695 |
| Average Home Value | $416,069 |
Residential
1,637
Single Family
1,511
Multi-Family
126
Businesses
135
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Nicholas E. Caruso • Progressive Realty Group
Mls Name: GSMLS
Mls ID: #3991046
