135 Johnson St, Highland Park, NJ, 08904 | $255/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

135 Johnson St, Highland Park, NJ, 08904 | $255/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1920 sft

49 Malsbury St, Robbinsville, NJ, 08691

2 Bed
2 Bath
1926 sft

16 Phillip Ct, Monroe Township, NJ, 08831

3 Bed
2 Bath
1536 sft

242 Fieldboro Dr, Lawrence Township, NJ, 08648

3 Bed
3 Bath
2186 sft

325 Watkins Rd, Pennington, NJ, 08534

Nearby investment properties with comparable prices

2 Bed
3 Bath
- sft

125 Kingsberry Dr, Somerset, NJ, 08873

3 Bed
3 Bath
1940 sft

148 Dutton St, Somerset, NJ, 08873

2 Bed
3 Bath
- sft

23 Sherborne St, Somerset, NJ, 08873

3 Bed
3 Bath
1576 sft

66 Riverbend Dr, North Brunswick, NJ, 08902

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Highland Park at 135 Johnson St, Highland Park, NJ, 08904 priced at $489,000 converts $3,740/mo rent into $255/mo cash flow after a $2,393/mo obligation. Total monthly income equals $3,740/mo, and annual cash flow totals $3,059/yr on $162,104 invested. Return on cash invested prints 21.8% in year one, and rental yield reads 9.18% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 114.19% and total cumulative return in cash sums $185,098. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,740/mo property income covering a $2,393/mo payment, not borrower’s personal income.

Single Family

Built in 1940

4,948 sqft lot

$N/A/sqft

No HOA

More details about the property

SHOWINGS START SATURDAY 10/25 This well-maintained three-bedroom, one-and-a-half-bath residence combines timeless charm with thoughtful updates. The kitchen is appointed with honed granite countertops, maple cabinetry, stainless steel appliances, a Kucht Professional range hood, and recessed lighting. Hardwood floors lend warmth throughout, complemented by newer energy-efficient vinyl windows that allow for ample natural light. The updated bathroom includes a whirlpool tub for added comfort. Additional highlights include a three-season enclosed front porch, a screened rear porch, and a beautiful yard with established garden beds. A long driveway with space for up to three cars provides convenient off-street parking. The full basement offers excellent storage space as well as laundry facilities. Converted to natural gas with the former oil tank removed, this home is ideally situated just 1.2 miles from the New Brunswick NJ Transit station and offers easy access to Rutgers University, the New Jersey Turnpike, Route 287, and the Garden State Parkway.