116 Graham St, Highland Park, NJ, 08904 | $680/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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116 Graham St, Highland Park, NJ, 08904 | $680/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Highland Park at 116 Graham St, Highland Park, NJ, 08904 generates $5,135/mo in rent and, after a $3,059/mo payment, leaves $680/mo in cash flow. Total monthly income is $5,135/mo, and annual cash flow is $8,162/yr on $205,625 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 9.86% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 126.17% and total cumulative return in cash sums $259,429. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,135/mo property income rather than buyer’s personal income.

Single Family

Built in 1956

5,000 sqft lot

$N/A/sqft

No HOA

More details about the property

This home offers so much living space! Featuring 4 spacious bedrooms and 3 full baths, the property sits just blocks from the green expanses of Donaldson Park and offers both comfort and convenience in a sought-after Highland Park location. With its full walk-out basement and flexible layout, the home provides plenty of room for living, entertaining, and storage. Additional amenities include hardwood floors, a bright sunroom, a private fenced backyard, and a multi-car driveway. The home is also close to major travel arteries including the New Jersey Turnpike and I-287, and is just 1.3 miles from the NJ Transit station for an easy commute.