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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 Warren at 106 Iris Ct, Warren, NJ, 07059 listed at $714,615 pairs $3,997/mo rent with a $3,498/mo payment. Total monthly income runs $3,997/mo. Return on cash invested measures 14.46% in year one, and rental yield registers 6.71% at a $714,615 basis. Equity gained on principal adds $4,611/yr, and annual property appreciation at 5% supports $197,435 by year five. Five-year ROI tracks 74.86% and total cumulative return in cash totals $176,000. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,997/mo property income relative to a $3,498/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07059, Warren, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,064 (100%) |
| Owner Occupied HU | 5,162 (85.1%) |
| Renter Occupied HU | 539 ( 8.9%) |
| Vacant Housing Units | 363 ( 6.0%) |
| Median Home Value | $955,093 |
| Average Home Value | $1,050,335 |
Residential
6,026
Single Family
5,915
Multi-Family
111
Businesses
656
Date | Event | Price |
|---|---|---|
| 2025-01-13 | Price change | $714,615 |
| 2025-01-06 | Price change | $710,615 |
| 2024-10-18 | Price change | $706,615 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $2757.00 | N/A | $150,000 | N/A |
Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A
