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 Skillman at 162 Spring Hill Rd, Skillman, NJ, 08558 listed at $629,000 pairs $4,694/mo rent with a $3,079/mo payment to leave $207/mo cash flow. Total monthly income runs $4,694/mo, and annual cash flow reaches $2,479/yr on $206,941 cash to close. Return on cash invested measures 21.26% in year one, and rental yield registers 8.96% at a $629,000 basis. Equity gained on principal adds $4,059/yr, and annual property appreciation at 5% supports $173,781 by year five. Five-year ROI tracks 111.29% and total cumulative return in cash totals $230,301. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,694/mo property income relative to a $3,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08558, Skillman, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,093 (100%) |
| Owner Occupied HU | 2,602 (84.1%) |
| Renter Occupied HU | 318 (10.3%) |
| Vacant Housing Units | 173 ( 5.6%) |
| Median Home Value | $892,270 |
| Average Home Value | $953,112 |
Residential
3,001
Single Family
2,835
Multi-Family
166
Businesses
293
Date | Event | Price |
|---|---|---|
| 2021-03-26 | Sold | $375,000 |
| 2021-01-05 | Contingent | $384,900 |
| 2020-12-08 | Pending sale | $384,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-04 | $13129.26 | -1.37% | $388,900 | N/A |
| 2023-05-04 | $13312.05 | 7.14% | $388,900 | N/A |
| 2022-05-04 | $12425.36 | N/A | $388,900 | N/A |
Listed by: Craig T. Ort • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3960468
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
