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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 Franklin Park at 116 Amethyst Way UNIT 116, Franklin Park, NJ, 08823 earns $84/mo cash flow from $2,970/mo rent with a $1,762/mo payment. Total monthly income totals $2,970/mo, and annual cash flow totals $1,008/yr on $119,340 capital. ROI tracks 20.75% on current figures, and rental yield reads 9.9% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 109.76% and total cumulative return in cash sums $130,989. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,970/mo property income instead of your personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$320 monthly HOA
Neighborhood data shown for ZIP Code: 08823, Franklin Park, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,871 (100%) |
| Owner Occupied HU | 2,571 (66.4%) |
| Renter Occupied HU | 1,174 (30.3%) |
| Vacant Housing Units | 126 ( 3.3%) |
| Median Home Value | $394,233 |
| Average Home Value | $447,268 |
Residential
3,847
Single Family
3,847
Multi-Family
0
Businesses
167
Date | Event | Price |
|---|---|---|
| 2024-10-16 | Listed for sale | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kristina Ridente • Bhhs Fox & Roach
Mls Name: GSMLS
Mls Provider:
Mls ID: #3929587
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
