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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% |
Rental property for sale in Highland Park at 123 S Adelaide Ave APT L5, Highland Park, NJ, 08904 generates $2,380/mo in rent and, after a $1,076/mo payment, leaves $813/mo in cash flow. Total monthly income is $2,380/mo, and annual cash flow is $9,755/yr on $72,897 invested. Return on cash invested sits at 33.29% in year one, and rental yield is 12.99% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 175.83% and total cumulative return in cash sums $128,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,380/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-12-20 | Listed for sale | $219,900 |
| 2024-11-15 | Contingent | $219,900 |
| 2024-11-05 | Listed for sale | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-01-28 | N/A | N/A | $37,000 | N/A |
| 2019-01-28 | $3024.75 | 4.06% | $37,000 | N/A |
| 2018-01-28 | $2906.72 | -0.53% | $37,000 | N/A |
Listed by: Elizabeth Laurano • PREFERRED PROPERTIES LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2502168R
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