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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 Watchung at 12 Mareu Dr, Watchung, NJ, 07069 at $949,000 posts ROI 7.44% with from $3,480/mo rent. Total monthly income equals $3,480/mo. Return on cash invested measures 7.44% and rental yield reads 4.4% at the current $949,000. Equity gained on principal adds $6,124/yr, and 5% annual appreciation supports $262,191 by year five. Five-year ROI prints 37.17% and total cumulative return in cash totals $116,040. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,480/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07069, Watchung, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,060 (100%) |
| Owner Occupied HU | 2,188 (71.5%) |
| Renter Occupied HU | 777 (25.4%) |
| Vacant Housing Units | 95 ( 3.1%) |
| Median Home Value | $835,962 |
| Average Home Value | $867,602 |
Residential
2,432
Single Family
2,330
Multi-Family
102
Businesses
280
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: Domenica Bencivenga • David Realty Group Llc
Mls Name: GSMLS
Mls ID: #3989927
