Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Montclair at 153 Walnut St #2, Montclair, NJ, 07042 generates $10,040/mo in rent and, after a $4,792/mo payment, leaves $3,062/mo in cash flow. Total monthly income is $10,040/mo, and annual cash flow is $36,739/yr on $322,091 invested. Return on cash invested sits at 31.47% in year one, and rental yield is 12.31% on a $979,000 entry. Equity gained on principal adds $6,317/yr, while 5% annual appreciation builds toward $270,480 over five years. Five-year ROI reaches 166.03% and total cumulative return in cash sums $534,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $10,040/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07042, Montclair, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,932 (100%) |
| Owner Occupied HU | 5,166 (43.3%) |
| Renter Occupied HU | 6,248 (52.4%) |
| Vacant Housing Units | 518 ( 4.3%) |
| Median Home Value | $820,298 |
| Average Home Value | $907,117 |
Residential
11,323
Single Family
7,828
Multi-Family
3,495
Businesses
1,455
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: Charles Thompson • The Thompson Realty Group
Mls Name: GSMLS
Mls ID: #3989453
