1138 Greslin TerRahwayNJ07065
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Rahway at 1138 Greslin Ter, Rahway, NJ, 07065 generates $4,434/mo in rent and, after a $2,545/mo payment, leaves $728/mo in cash flow. Total monthly income is $4,434/mo, and annual cash flow is $8,732/yr on $171,080 invested. Return on cash invested sits at 25.16% in year one, and rental yield is 10.23% on a $519,999 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 132.23% and total cumulative return in cash sums $226,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,434/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
4,356 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,372
Single Family
9,363
Multi-Family
3,009
Businesses
904
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Nearby investment properties with comparable prices
Listed by: Jacob Khodakov • Signature Realty Nj
Mls Name: GSMLS
Mls Provider:
Mls ID: #3925560
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