








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 Washington at 15 Lanning Ter, Washington, NJ, 07882 at $575,000 posts ROI 19.61% with from $4,027/mo rent. Total monthly income equals $4,027/mo. Return on cash invested measures 19.61% and rental yield reads 8.4% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 102.44% and total cumulative return in cash totals $193,787. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,027/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07882, Washington, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,588 (100%) |
| Owner Occupied HU | 4,513 (68.5%) |
| Renter Occupied HU | 1,719 (26.1%) |
| Vacant Housing Units | 356 ( 5.4%) |
| Median Home Value | $361,146 |
| Average Home Value | $384,518 |
Residential
6,179
Single Family
6,107
Multi-Family
72
Businesses
488
Date | Event | Price |
|---|---|---|
| 2005-07-18 | Sold | $359,000 |
| 2002-11-21 | Sold | $296,000 |
| 2000-02-16 | Sold | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | $11443.38 | -0.57% | $285,300 | N/A |
| 2023-05-15 | $11509.00 | 7.09% | $285,300 | N/A |
| 2022-05-15 | $10747.25 | 1.56% | $285,300 | N/A |



Listed by: Courtney Orlando • Compass New Jersey, Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3963008
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