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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 Boonton at 110 Redgate Rd W, Boonton, NJ, 07005 listed at $500,000 pairs $3,600/mo rent with a $2,447/mo payment to leave $36/mo cash flow. Total monthly income runs $3,600/mo, and annual cash flow reaches $436/yr on $165,750 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 8.64% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 105.49% and total cumulative return in cash totals $174,848. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07005, Boonton, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,397 (100%) |
| Owner Occupied HU | 4,336 (67.8%) |
| Renter Occupied HU | 1,837 (28.7%) |
| Vacant Housing Units | 224 ( 3.5%) |
| Median Home Value | $627,538 |
| Average Home Value | $682,012 |
Residential
6,315
Single Family
5,906
Multi-Family
409
Businesses
607
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: Cheryl Mccauley • Bhhs Fox & Roach
Mls Name: GSMLS
Mls Provider:
Mls ID: #3959950
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