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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% |
Rental property for sale in Highland Park at 1625 Parker Rd, Highland Park, NJ, 08904 priced at $580,000 converts $3,629/mo rent into after a $2,839/mo obligation. Total monthly income equals $3,629/mo. Return on cash invested prints 16.88% in year one, and rental yield reads 7.51% against a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation compiles into $160,243 by year five. Five-year ROI reaches 87.82% and total cumulative return in cash sums $167,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,629/mo property income covering a $2,839/mo payment, not borrower’s personal income.
Multi Family
Built in 1907
5,981 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-09-27 | Listed for sale | $580,000 |
| 1999-01-16 | Sold | $132,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3349.82 | -70.69% | $134,100 | N/A |
| 2022-10-16 | $11429.34 | 1.36% | $134,100 | N/A |
| 2021-10-16 | $11276.47 | N/A | N/A | N/A |
Listed by: Morgan M Chen • KELLER WMS GREATER BRUNSWICK
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2560337M
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