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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 Union at 1683 Van Ness Ter, Union, NJ, 07083 generates $4,440/mo in rent and, after a $2,643/mo payment, leaves $591/mo in cash flow. Total monthly income is $4,440/mo, and annual cash flow is $7,095/yr on $177,627 invested. Return on cash invested sits at 24.05% in year one, and rental yield is 9.87% on a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 126.3% and total cumulative return in cash sums $224,335. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07083, Union, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,858 (100%) |
| Owner Occupied HU | 14,421 (66.0%) |
| Renter Occupied HU | 6,528 (29.9%) |
| Vacant Housing Units | 909 ( 4.2%) |
| Median Home Value | $481,353 |
| Average Home Value | $534,432 |
Residential
20,999
Single Family
18,269
Multi-Family
2,730
Businesses
2,244
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: Godfred Appiah • Re/Max Lifetime Realtors
Mls Name: GSMLS
Mls ID: #3983682
