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% |
Investment property for sale in Cranford at 16 Craig Pl, Cranford, NJ, 07016 earns $238/mo cash flow from $5,220/mo rent with a $3,421/mo payment. Total monthly income totals $5,220/mo, and annual cash flow totals $2,855/yr on $229,971 capital. ROI tracks 21.3% on current figures, and rental yield reads 8.96% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 111.52% and total cumulative return in cash sums $256,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,220/mo property income instead of your personal income.
Single Family
Built in 1930
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07016, Cranford, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,435 (100%) |
| Owner Occupied HU | 6,913 (73.3%) |
| Renter Occupied HU | 2,147 (22.8%) |
| Vacant Housing Units | 375 ( 4.0%) |
| Median Home Value | $669,813 |
| Average Home Value | $714,383 |
Residential
9,068
Single Family
7,997
Multi-Family
1,071
Businesses
960
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: Shari Kopla • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3990644
