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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% |
Investment property for sale in Metuchen at 16 Turner Ct, Metuchen, NJ, 08840 offers a 6.71% rental yield on a $875,000 purchase with $4,896/mo rent. 47% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 74.87% and total cumulative return in cash at $215,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,896/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08840, Metuchen, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,872 (100%) |
| Owner Occupied HU | 4,976 (72.4%) |
| Renter Occupied HU | 1,673 (24.3%) |
| Vacant Housing Units | 223 ( 3.2%) |
| Median Home Value | $605,641 |
| Average Home Value | $649,833 |
Residential
6,869
Single Family
6,629
Multi-Family
240
Businesses
908
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: MARY SAINI • HALO REALTY
Mls Name: All Jersey MLS
Mls ID: #2605209R
